$1,399,000

For sale

601 Pharmacy Avenue, Toronto (Clairlea-Birchmount) - Single Family for Sale

601 Pharmacy Avenue, Toronto (Clairlea-Birchmount), Ontario, M1L3H1

5 beds3 baths5 parking2,250 ft²50 × 170 ft (8,490 sq ft) lot sizeListed 36 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 42 days.

Houses for Sale in Toronto →All real estate in Toronto →

Description

Want a chance to own over a quarter of an acre of land in Toronto?! This unique, L-shaped lot offers a tremendous opportunity for savvy investors, developers, and end users alike. The 50 x 169.84 ft lot has the potential to be severed into two 25 ft lots, with a fourplex & garden suite on each lot, for a total of 10 units! If you're a family looking for more space, this 5-bedroom home boasts over 2,100 sq ft above grade, including four second-storey bedrooms with double closets and vaulted ceilings. The spacious, sun-soaked family room features a brick fireplace and soaring, vaulted ceilings, the perfect space for entertaining. Walk out to a large deck overlooking the backyard sanctuary, with ample space to add a garden suite or create the garden of your dreams! The property boasts a two-storey, detached garage and a large private driveway, suitable for up to four vehicles. Located in a sought-after, family-friendly neighbourhood with fantastic schools, parks and plenty of transit options, the possibilities are truly endless. Bring your vision to life at 601 Pharmacy Ave - The LOT of Potential! (id:66096)

Property Details

MLS®: E13847860
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 50 × 170 ft (8,490 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Ground level

Family room: 7.06 x 4.47 meters
Living room: 3 x 4.37 meters
Kitchen: 4.06 x 3.56 meters
Dining room: 2.84 x 2.92 meters
Bedroom 5: 3 x 2.97 meters
Mud room: 2.39 x 1.7 meters

Second level

Den: 4.14 x 2.06 meters
Primary Bedroom: 3.2 x 5.31 meters
Bedroom 2: 4.06 x 3.05 meters
Bedroom 3: 3.07 x 3.61 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Flooring: Concrete, Hardwood, Carpeted
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Clairlea-Birchmount) listings, avg age

42d

Price / ft²

$622

List price

$1.40M

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 5-bed single family in Toronto (Clairlea-Birchmount) has been listed for 36 days, which is 6 days fresher than the city average of 42. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE ESTATE REALTY · TYLER BALDWIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $1,399,000, about 17.9× the local median household income of $78,000.

Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 250% above the area median.

Median household income: $78,000
Population: 35,833
Median age: 38.8
Owner / renter: 51% / 49%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1L)

$1,399,000· $622/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment8.21% · $114,900.00

Min 8.21%50%

Mortgage payment$7,119/mo

↳ CMHC premium ($51,364 capitalized)

Property tax (est.)$432/mo

Total monthly$7,552

Cash Needed to Close

Down payment (8.21%)$114,900

Land transfer tax$48,910

Est. closing costs$6,697

Total cash needed$170,507

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator