$779,000

$799,000For salePrice drop↓ $20,000 (3%)

7 Emmott Avenue, Toronto (Oakridge) - Single Family for Sale

7 Emmott Avenue, Toronto (Oakridge), Ontario, M1L2X2

4 beds3 baths1 parking900 ft²27 × 100 ft (2,705 sq ft) lot sizeListed 46 days ago

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $779,000, it is attractively priced about 9% below the $859,000 median asking price in Toronto. It has been on the market 46 days, fresher than the Toronto average of 73 days.

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Description

Welcome to 7 Emmott Ave, located in the desirable Oakridge community of Toronto, just minutes from Victoria Park TTC Station! An excellent opportunity for first-time home buyers, young couples, and small families looking to enter the Toronto market and build equity. Freshly painted throughout and move-in ready, this home features a good-sized lot with valuable side space, offering plenty of outdoor potential. Recent updates include an enclosed front porch (2021), roof (December 2024), stove (2021/2022), and basement range hood (2024).All appliances are owned - no leased appliances or rental contracts to assume, giving buyers greater peace of mind and predictable ownership costs. Enjoy the convenience of the Oakridge community, close to TTC transit, schools, parks, shopping, restaurants, and major roadways. A fantastic opportunity to own a well-maintained Toronto home in a convenient and family-friendly neighbourhood! (id:66096)

Property Details

MLS®: E13810112
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 27 × 100 ft (2,705 sq ft)
Frontage: 27 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 6.68 x 3.05 meters
Dining room: 6.68 x 3.05 meters
Kitchen: 4.17 x 2.54 meters
Primary Bedroom: 4.55 x 4.62 meters
Bedroom 2: 5.41 x 4.62 meters
Bedroom 3: 4.04 x 3.79 meters

Basement

Kitchen: 5.72 x 3.3 meters
Bedroom: 4.95 x 3.38 meters
Bedroom: 2.85 x 2.41 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, Stove, Dryer, Hood Fan, Water Heater
Flooring: Tile, Hardwood, Laminate
Foundation: Unknown
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Toronto (Oakridge) listings, avg age

73d

Price / ft²

$866

List price

$779K

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 (Oakridge) has been listed for 46 days, which is 27 days fresher than the city average of 73. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · MERVIN CHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $779,000, about 10.0× the local median household income of $78,000.

Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 95% 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)

$779,000· $866/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,900.00

Min 6.79%50%

Mortgage payment$4,026/mo

↳ CMHC premium ($29,044 capitalized)

Property tax (est.)$332/mo

Total monthly$4,357

Cash Needed to Close

Down payment (6.79%)$52,900

Land transfer tax$24,110

Est. closing costs$4,837

Total cash needed$81,847

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