$1,299,000

For sale

88 Cherrystone Drive, Toronto (Hillcrest Village) - Single Family for Sale

88 Cherrystone Drive, Toronto (Hillcrest Village), Ontario, M2H1S1

6 beds6 baths5 parking1,750 ft²50 × 150 ft (7,500 sq ft) lot sizeListed 10 days ago

Overview

This 6-bedroom, 6-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,299,000 asking price sits right in line with the $1,299,000 median in Toronto. It has been on the market 10 days, fresher than the Toronto average of 59 days.

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Description

Lucky Number 88* 3 Separate Entrances, Convenient Location! Step to Bus Stop, Premium Corner Lot 50' X 150' in High Demand Hillcrest Village. Beautiful Landscape, Interlocking, Flower Bed. Interlocking Stone Driveway, Private Basketball Court, And A Serence Carp/Koi Pond With a Waterfall. Heavy Duty Steel Fence and Gate. 2 Kitchens, 6 Bathrooms, and Elegant Strip Hardwood Floors. One Garage has been converted into an additional ensuite bedroom. Steps to Park & TTC. Mins to Shopping, Restaurant. Walk to Excellent Schools; Cliffwood PS (French Immersion), AY Jackson SS (Ranked 23/747). Close to 404/401, Seneca College, Fairview Mall. Family Friendly Neighbourhood. 1 Garage space can convert back to a garage (id:66096)

Property Details

MLS®: C14117796
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 5 above · 1 below
Bathrooms: 6
Half Baths: 1
Parking: 5
Interior Size: 1,750 ft²
Lot Size: 50 × 150 ft (7,500 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $6,063/yr
Listed

Rooms

Ground level

Living room: 5.31 x 3.42 meters
Dining room: 3.52 x 2.93 meters
Kitchen: 3.55 x 3.16 meters
Bedroom 4: 6.01 x 3.13 meters
Bedroom 5: 3.73 x 3.23 meters

Basement

Bedroom: 3.52 x 3.15 meters
Great room: 7.13 x 3.52 meters
Kitchen: 5.93 x 3.31 meters

Second level

Primary Bedroom: 3.57 x 2.72 meters

Features

Appliances: Washer, Dryer, Two stoves, Window Coverings, Two Refrigerators
Flooring: Hardwood, Laminate, Ceramic
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

10d

Toronto (Hillcrest Village) listings, avg age

59d

Price / ft²

$742

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.

Haho

This 6-bed single family in Toronto (Hillcrest Village) has been listed for 10 days, which is 49 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX PARTNERS REALTY INC. · JOHNSON CHING-FUNG YU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2H)

This home lists at $1,299,000, about 14.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $91,000
Population: 23,396
Median age: 48
Owner / renter: 75% / 25%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M2H)

$1,299,000· $742/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.)$505/mo

Total monthly$7,126

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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