$968,000

For sale

11 Bellvare Crescent, Toronto (Wexford-Maryvale), Ontario, M1R2M8

5 bd5 ba4 pk3,250 ft²Lot size 35 × 117 ft (4,142 sq ft)

Listed by CENTURY 21 LEADING EDGE REALTY INC.

59 Princemere Crescent, Toronto (Wexford-Maryvale), Ontario, M1R3X1

For saleJust listed

2 days ago

$1.70M

59 Princemere Crescent, Toronto (Wexford-Maryvale), Ontario, M1R3X1

6 bd4 ba3 pk2,750 ft²Lot size 40 × 122 ft (4,880 sq ft)

Listed by ILISTREALESTATE INC.

4 Cavehill Crescent, Toronto (Wexford-Maryvale), Ontario, M1R4P9

For saleJust listed

3 days ago

$899K

4 Cavehill Crescent, Toronto (Wexford-Maryvale), Ontario, M1R4P9

4 bd2 ba5 pk900 ft²Lot size 53 × 98 ft (5,209 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

20 Shaneen Boulevard, Toronto (Wexford-Maryvale), Ontario, M1R1B7

For sale

7 days ago

$899K

20 Shaneen Boulevard, Toronto (Wexford-Maryvale), Ontario, M1R1B7

5 bd2 ba4 pk900 ft²Lot size 40 × 125 ft (5,000 sq ft)

Listed by HOMELIFE/MIRACLE REALTY LTD

Investment analysis

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$968,000

Toronto

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58 Deanvar Avenue, Toronto (Wexford-Maryvale) - Single Family for Sale

58 Deanvar Avenue, Toronto (Wexford-Maryvale), Ontario, M1R2N3

6 beds3 baths3 parking900 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 44 days ago

Overview

This 6-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Its $968,000 asking price sits right in line with the $959,000 median in Toronto. It has been on the market 44 days, fresher than the Toronto average of 47 days.

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Description

Nestled in the heart of desirable Wexford-Maryvale, this versatile bungalow has been converted and optimized for peak rental performance. The property features two bright separate units on the main level , each with separate entrance ,enclosed laundry and kitchen, besides it features a fully finished 518 sq. ft. basement unit with its own private entrance , laundry and kitchen. In addition , a laneway unit is currently under construction on the property. The independent layouts make this an exceptional turn-key investment or an ideal home for buyers seeking a reliable mortgage helper. Unbeatable everyday convenience meets commuting ease: walk to Victoria Terrace in just 1 minute, or reach Parkway Mall, local dining, and neighborhood schools in under 5 minutes. Commuters will appreciate the quick 2.3 km drive to Highway 401 and nearby rail transit just 3 km away. Whether you want to generate multi-unit rental revenue, comfortably house multi-generational family members, or customize the space to your style, this property offers endless potential in a prime sought after Toronto location. (id:66096)

Property Details

MLS®: E13815836
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 3
Half Baths: 3
Parking: 3
Interior Size: 900 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,080/yr
Listed: 44 days ago

Features

Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Wexford-Maryvale) listings, avg age

47d

Price / ft²

$1,076

List price

$968K

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 6-bed single family in Toronto (Wexford-Maryvale) has been listed for 44 days, which is 3 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · MOHAMAD RAKHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1R)

This home lists at $968,000, about 12.0× the local median household income of $81,000.

Carrying it typically needs a household income of about $189,084 (20% down, 25-yr amortization, stress-tested) — roughly 133% above the area median.

Median household income: $81,000
Population: 30,467
Median age: 41.2
Owner / renter: 56% / 44%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1R)

$968,000· $1,076/ft²

For sale

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Full Cost Breakdown

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Down Payment7.42% · $71,800

Min 7.42%50%

Mortgage payment$4,969/mo

↳ CMHC premium ($35,848 capitalized)

Property tax (est.)$340/mo

Total monthly$5,309

Cash Needed to Close

Down payment (7.42%)$71,800

Land transfer tax$31,670

Est. closing costs$5,404

Total cash needed$108,874

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice