$1,218,888

For sale

89 Spruce Hill Road, Toronto (The Beaches) - Single Family for Sale

89 Spruce Hill Road, Toronto (The Beaches), Ontario, M4E3G5

3 beds2 baths1 parking1,750 ft²23 × 120 ft (2,736 sq ft) lot sizeListed 11 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $1,218,888, it is attractively priced about 29% below the $1,725,000 median asking price in Toronto. It has been on the market 11 days, fresher than the Toronto average of 48 days.

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Description

Fantastic Opportunity in Toronto's Highly Sought-After Beaches Neighbourhood! Discover the incredible potential of this charming detached 3-bedroom home in one of Toronto's most desirable communities! Featuring three generously sized bedrooms, spacious living and dining rooms on the main floor, a recreation room in the basement, a private backyard, and a detached garage, this property offers space, comfort, and endless possibilities. Move in and enjoy as is, or bring your creative vision to life with modern updates and personal touches. Perfect for families, renovators, or savvy investors looking for an opportunity in a prime location. Enjoy the vibrant Beaches lifestyle, with its beautiful waterfront, parks, shops, restaurants, and public transit within walking distance. A rare opportunity to own a detached home in this sought-after neighbourhood. Make it your own and unlock its full potential!New Roof 2023, Eavestrough, Downpipe and Leaf guard 2019. (id:66096)

Property Details

MLS®: E14115178
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,750 ft²
Lot Size: 23 × 120 ft (2,736 sq ft)
Frontage: 23 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,826.57/yr

Rooms

Main level

Living room: 4.57 x 3.35 meters
Dining room: 3.05 x 3.35 meters
Kitchen: 3.35 x 4.63 meters

Second level

Primary Bedroom: 4.63 x 3.66 meters
Bedroom 2: 3.66 x 3.2 meters
Bedroom 3: 3.35 x 3.05 meters

Basement

Recreational, Games room: 9.75 x 4.42 meters

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

Features

Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Toronto (The Beaches) listings, avg age

48d

Price / ft²

$697

List price

$1.22M

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 3-bed single family in Toronto (The Beaches) has been listed for 11 days, which is 37 days fresher than the city average of 48. Act while there is still low competition.

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Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY · ALLEN DER MINASSIAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $1,218,888, about 10.9× the local median household income of $112,000.

Carrying it typically needs a household income of about $238,091 (20% down, 25-yr amortization, stress-tested) — roughly 113% above the area median.

Median household income: $112,000
Population: 25,473
Median age: 42.8
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$1,218,888· $697/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.95% · $96,888.80

Min 7.95%50%

Mortgage payment$6,221/mo

↳ CMHC premium ($44,880 capitalized)

Property tax (est.)$652/mo

Total monthly$6,873

Cash Needed to Close

Down payment (7.95%)$96,889

Land transfer tax$41,706

Est. closing costs$6,157

Total cash needed$144,751

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