$799,000

For sale

84 Melchior Drive, Toronto (West Hill) - Single Family for Sale

84 Melchior Drive, Toronto (West Hill), Ontario, M1E3W5

5 beds3 baths3 parking900 ft²46 × 100 ft (4,640 sq ft) lot sizeListed 14 days ago

Overview

This 5-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $799,000, it is attractively priced about 11% below the $899,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 62 days.

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Description

Welcome To 84 Melchior Dr, A Detached Bungalow Situated On A Quiet, Established Street In The West Hill Community. Situated On A Generous Irregular Lot With Approximately 46.42 Ft Frontage And 100 Ft Depth, This Home Offers A Functional And Versatile Layout With 3 Bedrooms On The Main Level. The Finished Lower Level Adds Exceptional Flexibility, Featuring A Separate Side Entrance, Second Kitchen, Additional Living Space And Two Bedrooms-An Ideal Setup For Extended Family, Multi-Generational Living, Guests Or Those Seeking Additional Space For Work And Recreation. Featuring 3 Washrooms, A Private Driveway With Parking For 3 Vehicles, A Backyard Deck And Ample Outdoor Space. Conveniently Located Close To Schools, Parks, Public Transit, Shopping And Everyday Amenities. An Excellent Opportunity For Buyers Looking To Personalize The Home To Suit Their Needs. (id:66096)

Property Details

MLS®: E14109834
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Parking: 3
Interior Size: 900 ft²
Lot Size: 46 × 100 ft (4,640 sq ft)
Frontage: 46 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Garage: No Garage
Ownership: Freehold
Property Tax: $3,882.59/yr
Listed: 14 days ago

Rooms

Ground level

Living room: 5.1 x 2.95 meters
Dining room: 2.75 x 2.4 meters
Kitchen: 4.75 x 2.85 meters
Bedroom: 3.8 x 3.2 meters
Bedroom 2: 2.7 x 2.7 meters
Bedroom 3: 3.2 x 2.56 meters

Basement

Living room: 6.09 x 5.18 meters
Bedroom: 5.18 x 2.56 meters
Bedroom 2: 5.18 x 3.96 meters
Kitchen: 4.57 x 2.74 meters

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

Features

Flooring: Tile, Hardwood, Laminate
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Toronto (West Hill) listings, avg age

62d

Price / ft²

$888

List price

$799K

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 5-bed single family in Toronto (West Hill) has been listed for 14 days, which is 48 days fresher than the city average of 62. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · FORREST WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1E)

This home lists at $799,000, about 9.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $82,000
Population: 48,033
Median age: 41.2
Owner / renter: 63% / 37%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1E)

$799,000· $888/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$324/mo

Total monthly$4,449

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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