$819,900

For sale

70 Madelaine Avenue, Toronto (Oakridge) - Single Family for Sale

70 Madelaine Avenue, Toronto (Oakridge), Ontario, M1L2X7

3 beds2 baths3 parking1,300 ft²26 × 112 ft (2,912 sq ft) lot sizeListed 21 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $819,900, it is attractively priced about 5% below the $859,000 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 74 days.

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Description

Welcome to a home cherished by the same family since 1963 and thoughtfully maintained for generations. Offering 3 bedrooms and 2 bathrooms, this inviting property blends timeless character with comfortable, practical living. Laminate flooring creates a cohesive flow throughout, while the rare main-floor powder room adds convenience for family and guests. The spacious eat-in kitchen offers plenty of room to prepare meals, gather around the table, and enjoy everyday moments together. Upstairs, the generous primary bedroom provides a peaceful place to unwind, complemented by two additional well-proportioned bedrooms with ample storage for family, guests, or a home office. The unfinished basement, featuring a separate entrance, is ready for your vision and offers exciting potential for a family room, recreation space, or in-law suite. Outside, the detached garage has heat and power, making it a valuable space for year-round parking, hobbies, storage, or projects. Ideally situated near transit, shopping, schools, and parks, this well-located home offers buyers the opportunity to enjoy urban convenience in a quiet, comfortable setting-with room to make it their own. (id:66096)

Property Details

MLS®: E14031874
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 26 × 112 ft (2,912 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,786/yr

Rooms

Main level

Living room: 3.86 x 3.08 meters
Dining room: 5.24 x 3.38 meters
Kitchen: 3.69 x 4.12 meters

Second level

Primary Bedroom: 5.33 x 3.08 meters
Bedroom 2: 4.36 x 2.47 meters
Bedroom 3: 3.66 x 3.2 meters

Basement

Recreational, Games room: 5.06 x 11.1 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, Gas stove(s), Dryer, Blinds
Flooring: Concrete, Laminate, Parquet
Foundation: Poured Concrete
Exterior: Aluminum siding
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

21d

Toronto (Oakridge) listings, avg age

74d

Price / ft²

$631

List price

$820K

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 (Oakridge) has been listed for 21 days, which is 53 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · RAY COCHRANE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1L)

This home lists at $819,900, about 10.5× the local median household income of $78,000.

Carrying it typically needs a household income of about $160,155 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$819,900· $631/ft²

For sale

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Full Cost Breakdown

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Down Payment6.95% · $56,990

Min 6.95%50%

Mortgage payment$4,230/mo

↳ CMHC premium ($30,516 capitalized)

Property tax (est.)$316/mo

Total monthly$4,545

Cash Needed to Close

Down payment (6.95%)$56,990

Land transfer tax$25,746

Est. closing costs$4,960

Total cash needed$87,696

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