$999,000

$1,049,000For salePrice drop↓ $50,000 (5%)

63 Westhead Road, Toronto (Alderwood) - Single Family for Sale

63 Westhead Road, Toronto (Alderwood), Ontario, M8W4S2

3 beds2 baths5 parking900 ft²41 × 139 ft (5,621 sq ft) lot sizeListed 20 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $999,000, it is attractively priced about 13% below the $1,150,000 median asking price in Toronto. It has been on the market 20 days, fresher than the Toronto average of 44 days.

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Description

Solid brick bungalow situated on a quiet, desirable street in Alderwood! Featuring an exceptionally large lot measuring approximately 40.52 x 138.79 x 40 x 140 ft, this property offers plenty of outdoor space and potential for a garden suite build. The detached double-car garage provides additional storage and the possibility for an in-law suite. Originally a 3-bedroom home, the main floor has been converted to a spacious 2-bedroom layout, featuring a generously sized eat-in kitchen. The nicely finished basement has good ceiling height and a large recreation room with a fireplace, an additional bedroom, and a 4-piece ensuite. Ideally located just steps from Etobicoke Valley Park and the Etobicoke Creek Trail, with shops, restaurants, and everyday amenities nearby. A fantastic opportunity in a sought-after Alderwood neighbourhood! (id:66096)

Property Details

MLS®: W14089030
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 41 × 139 ft (5,621 sq ft)
Frontage: 41 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 5.62 x 5.26 meters
Living room: 4.69 x 3.49 meters
Bedroom: 3.69 x 4.62 meters
Bedroom 2: 2.8 x 3.17 meters

Basement

Bedroom 3: 3.87 x 3.54 meters
Recreational, Games room: 3.87 x 7.79 meters
Utility room: 3.62 x 9.65 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Flooring: Hardwood
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

20d

Toronto (Alderwood) listings, avg age

44d

Price / ft²

$1,110

List price

$999K

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 (Alderwood) has been listed for 20 days, which is 24 days fresher than the city average of 44. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · BELINDA MULFORD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $999,000, about 10.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 105% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$999,000· $1,110/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$396/mo

Total monthly$5,520

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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