$1,429,000

For sale

691 Conacher Drive, Toronto (Newtonbrook East) - Single Family for Sale

691 Conacher Drive, Toronto (Newtonbrook East), Ontario, M2M3N4

4 beds3 baths4 parking2,250 ft²55 × 134 ft (7,399 sq ft) lot sizeListed 23 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Listed at $1,429,000, it is attractively priced about 18% below the $1,749,000 median asking price in Toronto. It has been on the market 23 days, fresher than the Toronto average of 66 days.

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Description

Welcome To This Exceptional 4-Bedroom, 3-Bath Detached Home Situated On A Generous 55' x 133' Corner Lot (Approx. 7,319 Sq. Ft.) In Prestigious Newtonbrook East, Surrounded By Multi-Million-Dollar Homes. A Rare Opportunity For First-Time Buyers, Renovators, Builders & Savvy Investors To Create, Renovate, Rebuild Or Unlock Significant Future Value In One Of North York's Most Coveted Communities. Ideally Located Near Parks, Excellent Schools, Shopping & Public Transit, With Convenient Bus Access To Finch Subway Station. An Outstanding Hold, Renovate, Build Or Invest Opportunity With The Location, Lot Size & Potential To Make It Your Own Or Maximize Its Long-Term Upside. (id:66096)

Property Details

MLS®: C14027848
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 55 × 134 ft (7,399 sq ft)
Frontage: 55 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Other

Bedroom 2: 11.9 x 11.2 meters
Bedroom 3: 10.3 x 10.7 meters
Primary Bedroom: 11.2 x 17.4 meters
Bedroom 4: 11.1 x 15.3 meters

Main level

Living room: 18 x 13.3 meters
Kitchen: 14.3 x 10.7 meters
Family room: 11.9 x 17.1 meters
Dining room: 10.2 x 12.7 meters

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

Features

Flooring: Parquet, Carpeted, Ceramic
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

23d

Toronto (Newtonbrook East) listings, avg age

66d

Price / ft²

$635

List price

$1.43M

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 (Newtonbrook East) has been listed for 23 days, which is 43 days fresher than the city average of 66. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · CAMERON ABBASI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $1,429,000, about 17.6× the local median household income of $81,000.

Carrying it typically needs a household income of about $279,134 (20% down, 25-yr amortization, stress-tested) — roughly 245% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$1,429,000· $635/ft²

For sale

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Full Cost Breakdown

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Down Payment8.25% · $117,900

Min 8.25%50%

Mortgage payment$7,269/mo

↳ CMHC premium ($52,444 capitalized)

Property tax (est.)$771/mo

Total monthly$8,040

Cash Needed to Close

Down payment (8.25%)$117,900

Land transfer tax$50,110

Est. closing costs$6,787

Total cash needed$174,797

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