$1,499,000

For sale

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78 Spring Garden Avenue, Toronto (Willowdale East) - Single Family for Sale

78 Spring Garden Avenue, Toronto (Willowdale East), Ontario, M2N3G3

4 beds3 baths2 parking ft²

11 Mallingham Court, Toronto (Willowdale East), Ontario, M2N6G3

3 bd3 ba4 pk1,750 ft²Lot size 25 × 69 ft (1,713 sq ft)

Listed by RE/MAX ALL-STARS REALTY INC.

349 Mckee Avenue, Toronto (Willowdale East), Ontario, M2N4E6

For saleJust listed

Yesterday

$999K

349 Mckee Avenue, Toronto (Willowdale East), Ontario, M2N4E6

4 bd5 ba6 pk4,250 ft²Lot size 61 × 173 ft (10,634 sq ft)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

90 Glendora Avenue, Toronto (Willowdale East), Ontario, M2N2W1

For saleJust listed

Yesterday

$1.45M

90 Glendora Avenue, Toronto (Willowdale East), Ontario, M2N2W1

3 bd2 ba7 pk2,250 ft²Lot size 50 × 118 ft (5,900 sq ft)

Listed by RE/MAX REALTY SERVICES INC.

168 Avondale Avenue, Toronto (Willowdale East), Ontario, M2N2V5

For saleJust listed

5 days ago

$1.50M

168 Avondale Avenue, Toronto (Willowdale East), Ontario, M2N2V5

4 bd2 ba4 pk1,300 ft²Lot size 40 × 118 ft (4,720 sq ft)

Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.

Investment analysis

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$1,499,000

Toronto

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50 × 124 ft (6,185 sq ft) lot size

Overview

This 4-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 18 days, fresher than the Toronto average of 56 days.

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Description

Official Plan Designated - Mixed Use (Including Residential). Beautiful property backing onto a park featuring a detached residential house and a completely separate commercial legal non-conforming office. Hardwood flooring on the main and second floors. Finished basement with a bedroom, 3-piece bathroom, and separate entrance to the backyard. Steps to Yonge & Sheppard subway stations, Sheppard Centre, and Earl Haig Secondary School. Live in, invest, or build your dream home in the future. Property being sold "As Is, Where Is." Additional parking opportunities behind the property. (id:66096)

Property Details

MLS®: C14090796
Property Type: Single Family
Zoning: Res/Legal Non Conforming Commercial Office
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 50 × 124 ft (6,185 sq ft)
Frontage: 50 ft
Storeys: 1
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $11,348.53/yr
Listed: 18 days ago

Rooms

Main level

Living room: 6.03 x 3.43 meters
Dining room: 3.5 x 3.3 meters
Kitchen: 3.3 x 3.1 meters

Upper Level

Primary Bedroom: 5.03 x 3.43 meters
Bedroom 2: 3.2 x 2.13 meters
Bedroom 3: 3 x 2.73 meters

Lower level

Recreational, Games room: 6.03 x 3.3 meters
Bedroom 4: 2.2 x 3.15 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Toronto (Willowdale East) listings, avg age

56d

Price / ft²

$857

List price

$1.50M

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 (Willowdale East) has been listed for 18 days, which is 38 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX CONDOS PLUS CORPORATION · SUNG JUNG WOO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2N)

This home lists at $1,499,000, about 18.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 257% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$1,499,000· $857/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$946/mo

Total monthly$8,564

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$52,910

Est. closing costs$6,997

Total cash needed$184,807

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