$1,349,000

For saleJust listed

88 Montrose Avenue, Toronto (Trinity-Bellwoods) - Single Family for Sale

88 Montrose Avenue, Toronto (Trinity-Bellwoods), Ontario, M6J2T7

5 beds2 baths2 parking1,750 ft²16 × 113 ft (1,808 sq ft) lot sizeListed Today

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,349,000, it is attractively priced about 24% below the $1,775,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 47 days.

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Description

Love life in Little Italy ...Toronto city living as good as it gets! South off vibrant College Street and steps to it all. Duplex (per MPAC) with two lovely bi-level apartments, high ceilings in main living areas, Victorian charm intact, modern amenities, each has own ensuite laundry. *** Apt#1 - Main + Bsmt. is a 2 Bedroom + unit, rented for $3069/mo + hydro ($3128 as of Jan.1), featuring eat-in kitchen w/dishwasher in island, reno'd bath, hardwood, funky metal spiral staircase, huge Rec Room in lower level or use as Main BR, 2 walk-outs (kitchen + basement) to private city perennial garden and garage access *** Apt#2 - Upper unit 2nd + 3rd floors is a 2 Bedroom $2,750/mo + hydro ($2802 as of Dec.1), Primary Bdrm on 3rd floor with skylight, Modern kitchen and bath, hardwood, bright and airy *** Both Tenants are month to month but would absolutely love to stay, or perfect for Owner looking for extra rental income. Conscientious Owners are offering a well kept property, with recent sewer upgrades, Aetna warranty in effect. Just steps to Trinity-Bellwoods Park, loads of life on College and Ossington, groceries nearby, easy access to TTC on College and Dundas, U of T / TMU. hospitals, downtown. Walk Score 93 = a Walkers Paradise, so daily errands do not require a car, one minute walk to Dundas West 505 streetcar. Showings require minimum 24 hour prior notice for Tenants. (id:66096)

Property Details

MLS®: C14153920
Property Type: Single Family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 16 × 113 ft (1,808 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $8,708.99/yr

Rooms

Main level

Living room: 6.11 x 3.32 meters
Kitchen: 3.41 x 3.32 meters
Bedroom: 4.32 x 2.98 meters
Bedroom 2: 3.87 x 2.63 meters

Second level

Living room: 4.41 x 4 meters
Kitchen: 3.32 x 3.1 meters
Bedroom: 3.64 x 2.8 meters

Third level

Primary Bedroom: 7.06 x 4.41 meters

Basement

Recreational, Games room

Features

Appliances: Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Garage door opener remote(s), Two Refrigerators
Flooring: Concrete, Hardwood, Laminate, Ceramic
Foundation: Brick
Exterior: Brick, Vinyl siding
Lot Features: Lane, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Trinity-Bellwoods) listings, avg age

47d

Price / ft²

$771

List price

$1.35M

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 (Trinity-Bellwoods) has been listed for 0 days, which is 47 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · CATHERINE Y. KOZMA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $1,349,000, about 15.0× the local median household income of $90,000.

Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 193% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$1,349,000· $771/ft²

For sale

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Full Cost Breakdown

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Down Payment8.15% · $109,900.00

Min 8.15%50%

Mortgage payment$6,870/mo

↳ CMHC premium ($49,564 capitalized)

Property tax (est.)$726/mo

Total monthly$7,596

Cash Needed to Close

Down payment (8.15%)$109,900

Land transfer tax$46,910

Est. closing costs$6,547

Total cash needed$163,357

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