$958,000

$978,000For salePrice drop↓ $20,000 (2%)

573 Northcliffe Boulevard, Toronto (Oakwood Village) - Single Family for Sale

573 Northcliffe Boulevard, Toronto (Oakwood Village), Ontario, M6E3L6

3 beds2 baths8 parking900 ft²30 × 120 ft (3,600 sq ft) lot sizeListed 44 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $958,000, it is attractively priced about 17% below the $1,149,000 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 58 days.

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Description

Offers anytime! Welcome to this charming, move-in-ready detached bungalow in the heart of Oakwood Village, set on an exceptional 30 x 120 ft lot with a private driveway and incredible future potential. The bright, open-concept main floor features hardwood floors, a bay window and fireplace, plus an updated kitchen and bathroom, fresh paint and updated mechanicals. Two bedrooms overlook the backyard, while the finished lower level offers a separate bedroom, kitchen and spacious living/dining area-ideal for extended family, guests or potential rental income. Outside, the private drive leads to a newer detached 2-car garage plus storage shed. Move in and enjoy today, renovate or substantially expand in the future. A recent feasibility report identifies potential for a single-family home of approximately 2,750 sq. ft. plus basement and confirms eligibility for a 2-storey garden suite of up to approximately 1,291 sq. ft., with further potential for multi-unit redevelopment of up to 6 units, subject to applicable requirements and approvals. All this on a quiet residential street steps from neighbourhood favourites like Doce Minho Bakery, DAM Sandwiches, Oakwood Espresso and Nonna Lia, along with parks, shops and the vibrant Oakwood strip, and within walking distance of the Eglinton LRT. A fantastic home today with exceptional flexibility for tomorrow. (id:66096)

Property Details

MLS®: C13816112
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 8
Interior Size: 900 ft²
Lot Size: 30 × 120 ft (3,600 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, N/A
Heating: Natural gas
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.7 x 3.5 meters
Dining room: 2.8 x 3.5 meters
Kitchen: 2.7 x 4.3 meters
Primary Bedroom: 4.6 x 3.1 meters
Bedroom: 3.5 x 2.7 meters

Basement

Kitchen: 3 x 4.2 meters
Living room: 7.8 x 3.3 meters
Dining room: 7.8 x 3.3 meters
Bedroom: 2.7 x 3.3 meters
Laundry room: 2.26 x 2.26 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Window Coverings
Flooring: Hardwood, Laminate, Ceramic
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Oakwood Village) listings, avg age

58d

Price / ft²

$1,064

List price

$958K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Oakwood Village) has been listed for 44 days, which is 14 days fresher than the city average of 58. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · JORDAN RASBERRY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $958,000, about 11.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $187,131 (20% down, 25-yr amortization, stress-tested) — roughly 128% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$958,000· $1,064/ft²

For sale

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Full Cost Breakdown

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Down Payment7.39% · $70,800

Min 7.39%50%

Mortgage payment$4,919/mo

↳ CMHC premium ($35,488 capitalized)

Property tax (est.)$376/mo

Total monthly$5,295

Cash Needed to Close

Down payment (7.39%)$70,800

Land transfer tax$31,270

Est. closing costs$5,374

Total cash needed$107,444

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