$1,789,000

For sale

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88 Cowan Avenue, Toronto (South Parkdale) - Single Family for Sale

88 Cowan Avenue, Toronto (South Parkdale), Ontario, M6K2N4

7 beds6 baths3 parking ft²

1309 King Street West, Toronto (South Parkdale), Ontario, M6K1G9

5 bd2 ba2 pk2,250 ft²Lot size 20 × 100 ft (1,970 sq ft)

Listed by ROYAL LEPAGE SUPREME REALTY

318 Dufferin Street, Toronto (South Parkdale), Ontario, M6K1Z6

For saleJust listed

2 days ago

$1.40M

318 Dufferin Street, Toronto (South Parkdale), Ontario, M6K1Z6

3 bd2 ba4 pk900 ft²Lot size 16 × 171 ft (2,753 sq ft)

Listed by FINE HOMES REALESTATE INC.

195 Dunn Avenue, Toronto (South Parkdale), Ontario, M6K2S1

For saleJust listed

6 days ago

$1.38M

195 Dunn Avenue, Toronto (South Parkdale), Ontario, M6K2S1

5 bd3 ba4 pk1,750 ft²Lot size 26 × 163 ft (4,205 sq ft)

Listed by RE/MAX WEST REALTY INC.

17A Cowan Avenue, Toronto (South Parkdale), Ontario, M6K2N1

For sale

15 days ago

$1.29M

17A Cowan Avenue, Toronto (South Parkdale), Ontario, M6K2N1

3 bd3 ba1,300 ft²Lot size 19 × 92 ft (1,761 sq ft)

Listed by RE/MAX WEST REALTY INC.

Investment analysis

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$1,789,000

Toronto

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29 × 150 ft (4,275 sq ft) lot size

Overview

This 7-bedroom, 6-bathroom home in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 30 days, fresher than the Toronto average of 64 days.

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Description

Detached investment property on sought-after Cowan Avenue in South Parkdale, situated on a deep 150 ft lot. Deep lot allows for parking and a private backyard. Currently set up with 5 oversized units. Well maintained with many improvements completed over the years. Great location close to Queen West, Liberty Village, Exhibition Place, the waterfront, transit, shops and restaurants. Easy access to downtown and the Gardiner. Financials available. AAA Tenants! (id:66096)

Property Details

MLS®: W13863736
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 6
Parking: 3
Interior Size: 2,750 ft²
Lot Size: 29 × 150 ft (4,275 sq ft)
Frontage: 29 ft
Storeys: 3
Basement: Finished, N/A
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Ownership: Freehold
Property Tax: $9,276/yr
Listed: 30 days ago

Features

Appliances: Water Heater - Tankless
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (South Parkdale) listings, avg age

64d

Price / ft²

$651

List price

$1.79M

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 7-bed single family in Toronto (South Parkdale) has been listed for 30 days, which is 34 days fresher than the city average of 64. Act while there is still low competition.

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Listed by GILBERT REALTY INC. · DANIEL JAY GILBERT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6K)

This home lists at $1,789,000, about 24.8× the local median household income of $72,000.

Carrying it typically needs a household income of about $349,454 (20% down, 25-yr amortization, stress-tested) — roughly 385% above the area median.

Median household income: $72,000
Population: 42,110
Median age: 35.6
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M6K)

$1,789,000· $651/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $357,800

Min 20%50%

Mortgage payment$7,630/mo

Property tax (est.)$773/mo

Total monthly$8,403

Cash Needed to Close

Down payment (20%)$357,800

Land transfer tax$64,510

Est. closing costs$7,867

Total cash needed$430,177

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