$1,299,000

For sale

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74 Ringway Crescent, Toronto (Elms-Old Rexdale) - Single Family for Sale

74 Ringway Crescent, Toronto (Elms-Old Rexdale), Ontario, M9W1X4

4 beds2 baths4 parking ft²

8 Newlove Court, Toronto (Elms-Old Rexdale), Ontario, M9W5X5

5 bd3 ba6 pk1,750 ft²Lot size 45 × 130 ft (5,836 sq ft)

Listed by ROYAL LEPAGE IGNITE REALTY

68 Allenby Avenue, Toronto (Elms-Old Rexdale), Ontario, M9W1S6

For sale

17 days ago

$685K

68 Allenby Avenue, Toronto (Elms-Old Rexdale), Ontario, M9W1S6

3 bd1 ba4 pk900 ft²Lot size 49 × 132 ft (6,468 sq ft)

Listed by Royal LePage Real Estate Associates

25 Allenby Avenue, Toronto (Elms-Old Rexdale), Ontario, M9W1S5

For salePrice drop

44 days ago

$799K$819K

↓ $20K (2%) price drop

25 Allenby Avenue, Toronto (Elms-Old Rexdale), Ontario, M9W1S5

2 bd2 ba3 pk900 ft²Lot size 44 × 114 ft (5,016 sq ft)

Listed by GET SOLD REALTY INC.

46 Golfdown Drive, Toronto (Elms-Old Rexdale), Ontario, M9W2H7

For sale

76 days ago

$1.95M

46 Golfdown Drive, Toronto (Elms-Old Rexdale), Ontario, M9W2H7

6 bd5 ba5 pk2,750 ft²Lot size 50 × 131 ft (6,563 sq ft)

Listed by RE/MAX WEST REALTY INC.

Investment analysis

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$1,299,000

Toronto

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Description

Discover this Hidden Gem! Incredible well kept home! Main Floor Family Room & Dining Room Addition! Walkout to immaculate kept gardens! Oversized kitchen- Imagine the Parties! New concrete front landing, Expansive sun filled rooms. Bay window in Living Room, Kitchen flows to enormous family room with wet bar & fireplace and walk out to freshly stained deck and view of manicured gardens! A true backyard oasis! Private fencing all around. Patio area Seperate side entrance, Most of the house has been freshly painted, Basement kitchen/Laundry room has double sinks, & double laundry tubs! Home has been lovingly maintained. (id:66096)

Property Details

MLS®: W13502542
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 24 × 154 ft (3,684 sq ft)
Frontage: 24 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,683/yr
Listed: 129 days ago

Rooms

Main level

Living room: 5.33 x 3.51 meters
Dining room: 5.49 x 3.05 meters
Kitchen: 3.66 x 3.35 meters
Family room: 8.46 x 4.11 meters
Eating area: 3.35 x 3.05 meters
Foyer: 3.51 x 1.83 meters

Lower level

Recreational, Games room: 7.32 x 3.35 meters
Other: 3.51 x 2.13 meters
Kitchen: 6.11 x 3.35 meters

Second level

Primary Bedroom: 4.04 x 3.18 meters
Bedroom: 3.23 x 3.18 meters
Bedroom: 3.05 x 2.87 meters
Bedroom: 3.23 x 3.05 meters

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

Market Timing

Days on market

129d

Toronto (Elms-Old Rexdale) listings, avg age

64d

Price / ft²

$577

List price

$1.30M

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.

Area context

Neighbourhood profile (M9W)

This home lists at $1,299,000, about 15.3× the local median household income of $85,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 199% above the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$1,299,000· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$390/mo

Total monthly$7,011

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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74 Ringway Crescent, Toronto (Elms-Old Rexdale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9W)

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