$750,000

$850,000For salePrice drop↓ $100,000 (12%)

724 Vaughan Road, Toronto (Oakwood Village) - Single Family for Sale

724 Vaughan Road, Toronto (Oakwood Village), Ontario, M6E2Y9

3 beds2 baths3 parking1,750 ft²34 × 110 ft (3,685 sq ft) lot sizeListed 79 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $750,000, it is attractively priced about 35% below the $1,149,000 median asking price in Toronto.

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Description

Welcome to 724 Vaughan Road! A unique opportunity in a sought-after Midtown Toronto location, just minutes from the new Eglinton LRT (Line 5). Currently configured as a single-family residence, this property offers exceptional flexibility with a main floor, upper level, and basement. Whether you're envisioning a comfortable family home, a live-work setup, or exploring the potential for a duplex conversion, the possibilities are worth discovering. Zoned RA*777, this property presents an exciting opportunity for buyers looking to maximize its potential (subject to applicable zoning requirements and approvals). Ideally situated in an established Toronto neighbourhood, close to transit and everyday amenities, this is your chance to bring your vision to life and invest in a property with possibilities. (id:66096)

Property Details

MLS®: C13692264
Property Type: Single Family
Zoning: RA 777
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 34 × 110 ft (3,685 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Full
Heating: Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Ground level

Living room: 4.57 x 6.64 meters
Kitchen: 4.33 x 3.04 meters
Dining room: 4.57 x 3.84 meters

Basement

Bathroom: 2.27 x 1.04 meters
Laundry room: 4.2 x 3.01 meters

Second level

Family room: 4.6 x 3.16 meters
Kitchen: 2.53 x 3.02 meters
Primary Bedroom: 3.52 x 3.43 meters
Bedroom: 3.52 x 3.02 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Window Coverings
Flooring: Tile, Hardwood, Laminate
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

79d

Toronto (Oakwood Village) listings, avg age

56d

Price / ft²

$429

List price

$750K

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 (Oakwood Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ALEX HENRIQUEZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $750,000, about 9.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$750,000· $429/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$366/mo

Total monthly$4,247

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$22,950

Est. closing costs$4,750

Total cash needed$77,700

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