$800,000

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8 Kay Drive, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

8 Kay Drive, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4V6

4 beds2 baths parking

42 Masseygrove Crescent, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V3C9

7 bd3 ba6 pk1,750 ft²Lot size 50 × 110 ft (5,500 sq ft)

Listed by RE/MAX WEST REALTY INC.

27 Vange Crescent, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V3N6

For sale

15 days ago

$800K

27 Vange Crescent, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V3N6

5 bd3 ba4 pk1,300 ft²Lot size 18 × 112 ft (2,052 sq ft)

Listed by REAL BROKER ONTARIO LTD.

17 Cathy Jean Crescent, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4T2

For salePrice drop

18 days ago

$940K$980K

↓ $40K (4%) price drop

17 Cathy Jean Crescent, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4T2

3 bd2 ba6 pk2,250 ft²Lot size 20 × 125 ft (2,471 sq ft)

Listed by RIGHT AT HOME REALTY

15 Huson Court, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4K9

For sale

19 days ago

$880K

15 Huson Court, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V4K9

3 bd3 ba2 pk1,300 ft²Lot size 25 × 85 ft (2,158 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Investment analysis

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$800,000

Toronto

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34 × 79 ft (2,660 sq ft) lot size

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $800,000, it is attractively priced about 11% below the $899,000 median asking price in Toronto. It has been on the market 1 day, fresher than the Toronto average of 63 days.

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Description

Welcome to 8 Kay Drive, Etobicoke! Proudly offered by its original owners, this well-maintained home showcases true pride of ownership. Featuring granite countertops and new flooring, this home offers a warm and inviting atmosphere with plenty of potential for its next owners. Located in a family-friendly neighbourhood, enjoy convenient access to nearby parks, schools, shopping, restaurants, grocery stores and public transit. With easy access to major highways and everyday amenities, this is a fantastic opportunity for first-time buyers, families or investors looking to own in a desirable Etobicoke community! ** SOME PHOTOS ARE VIRTUALLY STAGED ** (id:66096)

Property Details

MLS®: W14144770
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 34 × 79 ft (2,660 sq ft)
Frontage: 34 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,408/yr
Listed: Yesterday

Features

Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

63d

Price / ft²

$615

List price

$800K

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 (Mount Olive-Silverstone-Jamestown) has been listed for 1 day, which is 62 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · JAI WADHWANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $800,000, about 9.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$800,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.88% · $55,000.00

Min 6.88%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$284/mo

Total monthly$4,414

Cash Needed to Close

Down payment (6.88%)$55,000

Land transfer tax$24,950

Est. closing costs$4,900

Total cash needed$84,850

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