$1,130,000
Toronto
7 Humberview Crescent, Toronto (Weston), Ontario, M9N1R6
This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 20 days, fresher than the Toronto average of 65 days.
An incredible opportunity to restore this stately 1920s residence to its former glory! Tucked away on picturesque Humberview Crescent, one of Weston's most distinctive and rarely available enclaves, this substantial five-bedroom brick home sits on a generous 50 x 120 ft lot in an extraordinary setting overlooking the Humber River valley.Surrounded by mature trees, lush greenery and parkland, the cottage-like ravine setting offers a peaceful haven within the city. Situated on a quiet cul-de-sac, the property enjoys proximity to the Humber River walking trails, greenbelt and Weston Golf and Country Club.Built circa 1928, this grand old dame showcases the character, generous proportions and architectural presence of a bygone era. Spacious principal rooms, four second-floor bedrooms, a third-floor bedroom and a full-height basement with a separate entrance provide an exceptional foundation for a thoughtful restoration.Adding to its intrigue, the sellers report that the home may have been built by the builders of Toronto's iconic Maple Leaf Gardens and Eaton's College Street, a fascinating historical connection that has yet to be verified.Requiring significant renovation, this distinctive property presents a rare opportunity for a contractor, renovator or discerning buyer with the vision to restore its original grandeur.More than a renovation project, this is an opportunity to preserve and reimagine a piece of old Weston in one of the neighbourhood's most remarkable settings..In addition, this home also enjoys the benefits of nearby local amenities, shopping, resaturants and excellent transit including TTC, Go and Up Express. Minutes to the 401 and 400. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 65 days across the listings currently for sale in this city
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.
This 5-bed single family in Toronto (Weston) has been listed for 20 days, which is 45 days fresher than the city average of 65. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,130,000, about 16.3× the local median household income of $69,500.
Carrying it typically needs a household income of about $220,729 (20% down, 25-yr amortization, stress-tested) — roughly 218% above the area median.
Source: Statistics Canada, 2021 Census (FSA M9N)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.