$1,598,000

For sale

39 Romney Road, Toronto (Lansing-Westgate), Ontario, M3H1H4

6 bd5 ba3 pk2,750 ft²Lot size 49 × 125 ft (6,125 sq ft)

Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.

125 Sandringham Drive, Toronto (Lansing-Westgate), Ontario, M3H1E2

For saleJust listed

3 days ago

$5.50M

125 Sandringham Drive, Toronto (Lansing-Westgate), Ontario, M3H1E2

7 bd6 ba6 pk5,000 ft²Lot size 91 × 125 ft (11,375 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

47 Harlandale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1N9

For sale

8 days ago

$1.89M

47 Harlandale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1N9

8 bd4 ba7 pk1,300 ft²Lot size 50 × 118 ft (5,885 sq ft)

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

63 Franklin Avenue, Toronto (Lansing-Westgate), Ontario, M2N1B8

For sale

8 days ago

$2.10M

63 Franklin Avenue, Toronto (Lansing-Westgate), Ontario, M2N1B8

5 bd5 ba3 pk2,250 ft²Lot size 25 × 128 ft (3,200 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Investment analysis

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$1,598,000

Toronto

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66 Burndale Avenue, Toronto (Lansing-Westgate) - Single Family for Sale

66 Burndale Avenue, Toronto (Lansing-Westgate), Ontario, M2N1S7

4 beds3 baths2 parking1,300 ft²50 × 118 ft (5,885 sq ft) lot sizeListed 30 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,598,000, it is attractively priced about 26% below the $2,149,000 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 87 days.

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Description

Calling All Builders -- Major Opportunity for Investment & New Home Build!! Welcome to 66 Burndale Avenue, a prime lot located in the highly desirable Lansing neighborhood in North York, Toronto. Build your dream home OR income-producing multi-plex , on a property with a VERY short distance to Yonge St. Excellent access to public transit, located just a 5-minute walk to Sheppard-Yonge subway station. Features a walk score of 95! Enjoy living close to an abundance of fine dining, cafes, multiple parks, Meridian Arts Centre, recreation/sports facilities, and schools: including Cameron Public School, Willowdale Middle School, and Loretto Abbey Catholic Secondary School. Exceptional opportunity for a new build in a Toronto hotspot of convenience. Experience living in a vibrant and connected neighborhood, while enjoying the privacy of a quiet street. (id:66096)

Property Details

MLS®: C13870992
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 50 × 118 ft (5,885 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $8,318/yr
Listed: 30 days ago

Rooms

Ground level

Living room: 5.25 x 3.71 meters
Dining room: 5.25 x 2.4 meters
Kitchen: 6.15 x 2.85 meters

Second level

Primary Bedroom: 3.68 x 3.1 meters
Bedroom: 5.15 x 2.4 meters
Bedroom: 3.25 x 2.99 meters
Bedroom: 2.77 x 2.22 meters

Basement

Recreational, Games room: 4.55 x 3.3 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: Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Lansing-Westgate) listings, avg age

87d

Price / ft²

$1,229

List price

$1.60M

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 (Lansing-Westgate) has been listed for 30 days, which is 57 days fresher than the city average of 87. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY · YASHAR EINY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,598,000, about 19.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $312,145 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$1,598,000· $1,229/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,600

Min 20%50%

Mortgage payment$6,815/mo

Property tax (est.)$693/mo

Total monthly$7,508

Cash Needed to Close

Down payment (20%)$319,600

Land transfer tax$56,870

Est. closing costs$7,294

Total cash needed$383,764

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