$2,950,000

For saleJust listed

61 Shannon Street, Toronto (Trinity-Bellwoods) - Single Family for Sale

61 Shannon Street, Toronto (Trinity-Bellwoods), Ontario, M6J2E6

4 beds5 baths1 parking2,750 ft²30 × 117 ft (3,519 sq ft) lot sizeListed 2 days ago

Overview

This 4-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 49 days.

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Description

A Rare Opportunity In The Heart Of Trinity-Bellwoods! Discover This Distinctive Contemporary Detached Residence, Thoughtfully Reimagined To Offer Modern Urban Living With Exceptional Versatility. Situated On A Generous 30-Foot Lot, This Four-Bedroom Home Features Expansive Windows, Abundant Natural Light, Open-Concept Living Spaces, Contemporary Finishes, And A Striking Loft-Style Primary Retreat. The Finished Lower Level Offers Additional Living Space, Complete With A Sauna And Walkout To The Rear Yard. The True Standout Is The Separate, Legal Detached Coach House Of Approximately 640 Sq. Ft., Offering Endless Possibilities For Extended Family, Guests, A Private Workspace, Or Potential Rental Income. Ideally Located Steps From Vibrant Restaurants, Boutique Shopping, Parks, And Transit, This Property Offers A Unique Combination Of Location, Lifestyle, And Flexibility. Two Distinct Living Spaces. One Exceptional Toronto Address. (id:66096)

Property Details

MLS®: C14139500
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 1
Interior Size: 2,750 ft²
Lot Size: 30 × 117 ft (3,519 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Finished, Full, Walk out, N/A, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Refrigerator, Sauna, Dishwasher, Stove, Range, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, Sauna

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Trinity-Bellwoods) listings, avg age

49d

Price / ft²

$1,073

List price

$2.95M

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 4-bed single family in Toronto (Trinity-Bellwoods) has been listed for 2 days, which is 47 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RARE REAL ESTATE · MARIA VASSILEVA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $2,950,000, about 32.8× the local median household income of $90,000.

Carrying it typically needs a household income of about $576,238 (20% down, 25-yr amortization, stress-tested) — roughly 540% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$2,950,000· $1,073/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $590,000

Min 20%50%

Mortgage payment$12,581/mo

Property tax (est.)$1,235/mo

Total monthly$13,816

Cash Needed to Close

Down payment (20%)$590,000

Land transfer tax$120,450

Est. closing costs$11,350

Total cash needed$721,800

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