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$950,000

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85 Floral Parkway, Toronto (Maple Leaf) - Single Family for Sale

85 Floral Parkway, Toronto (Maple Leaf), Ontario, M6L2C3

5 beds2 baths4 parking900 ft²40 × 120 ft (4,820 sq ft) lot sizeListed 14 days ago

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $950,000, it is attractively priced about 17% below the $1,150,000 median asking price in Toronto. It has been on the market 14 days, fresher than the Toronto average of 42 days.

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Description

Welcome To 85 Floral Parkway! Updated Detached Bungalow On A 40 X 120 Ft Lot In Sought-After Maple Leaf, Complete With A Separate-Entrance 2-Bedroom Basement Apartment! Bright Main Floor Offers 3 Generous Bedrooms, A Sun-Filled Living Room, Fresh Paint And A Crisp White Kitchen With New Stove & Oven (2024). Renovated Bathroom (2024). The Big-Ticket Items Are Done: Rebuilt Chimney (2026), New Eavestroughs (2026), Triple-Pane Windows & New Front Door (2025), Furnace & Central Air (2024), Owned Hot Water Tank (2024) - No Rentals - And Sewer Backup Valve (2024). Lower Level Fully Renovated In 2024 With Its Own Kitchen, Living Room, 2 Bedrooms, 3-Pc Bath, Laundry And Separate Side Entrance - Perfect For Rental Income To Help Carry The Mortgage, Or For Extended Family. Long Private Driveway, Deep Backyard And Refreshed Curb Appeal. Move-In Ready For First-Time Buyers, Investors And Downsizers Alike. Steps To St. Fidelis Church, TTC, Humber River Hospital, Schools And Parks, With Quick Access To Hwy 401/400, Yorkdale Mall And Downtown. Don't Miss It! Some Basement Photos Are Virtually Staged. (id:66096)

Property Details

MLS®: W14110988
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 40 × 120 ft (4,820 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,351/yr

Features

Appliances: Washer, Water meter, Stove, Oven, Dryer, Window Coverings, Water Heater
Foundation: Block
Exterior: Brick
Lot Features: Flat site, 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

14d

Toronto (Maple Leaf) listings, avg age

42d

Price / ft²

$1,056

List price

$950K

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 (Maple Leaf) has been listed for 14 days, which is 28 days fresher than the city average of 42. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · CARMIN CAPPABIANCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6L)

This home lists at $950,000, about 12.8× the local median household income of $74,000.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 151% above the area median.

Median household income: $74,000
Population: 20,156
Median age: 42.4
Owner / renter: 48% / 53%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M6L)

$950,000· $1,056/ft²

For sale

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Full Cost Breakdown

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Down Payment7.37% · $70,000

Min 7.37%50%

Mortgage payment$4,879/mo

↳ CMHC premium ($35,200 capitalized)

Property tax (est.)$363/mo

Total monthly$5,241

Cash Needed to Close

Down payment (7.37%)$70,000

Land transfer tax$30,950

Est. closing costs$5,350

Total cash needed$106,300

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Open house

85 Floral Parkway, Toronto (Maple Leaf) - Single Family for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6L)

Book a showing

Full Cost Breakdown