$1,449,000

For sale

9 Elderidge Avenue, Toronto (Stonegate-Queensway) - Single Family for Sale

9 Elderidge Avenue, Toronto (Stonegate-Queensway), Ontario, M8Y2C4

3 beds2 baths4 parking900 ft²55 × 98 ft (5,390 sq ft) lot sizeListed 8 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $1,449,000, it is attractively priced about 11% below the $1,628,000 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 50 days.

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Description

Welcome to Sunnylea - A Rare Opportunity in a Coveted Toronto Neighbourhood! Situated on an impressive extra wide 55 x 98 ft lot with desirable southern exposure, this charming detached bungalow offers 2+1 bedrooms and 2 bathrooms in the highly sought-after Sunnylea community, where homes rarely become available.The inviting main floor features beautiful hardwood flooring, a welcoming living room, and an updated kitchen with an open-concept dining area. Patio doors extend the living space outdoors to a spacious backyard deck, perfect for summer entertaining, relaxing, and enjoying the sunshine.The finished lower level offers valuable additional living space, including a recreation room, an extra bedroom, and a second bathroom - ideal for guests, a growing family, or a flexible work-from-home setup.Additional highlights include an attached garage, private driveway, and central air conditioning, providing everyday comfort and convenience.Enjoy an exceptional west-end location with convenient access to downtown Toronto, approximately 15 minutes by car, along with nearby schools, TTC transit, parks, and local amenities. Explore the charming shops and restaurants of The Kingsway, as well as the diverse cafés, dining options, and everyday conveniences along Bloor Street.A wonderful opportunity to own a detached bungalow on an extra-wide lot in one of Toronto's established and desirable neighbourhoods. Discover the charm, space, and potential that Sunnylea has to offer! (id:66096)

Property Details

MLS®: W14120492
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 55 × 98 ft (5,390 sq ft)
Frontage: 55 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.09 x 3.75 meters
Dining room: 2.96 x 2.99 meters
Kitchen: 3.02 x 2.99 meters
Primary Bedroom: 3.84 x 3.99 meters
Bedroom: 2.9 x 3.44 meters

Basement

Recreational, Games room: 8.32 x 3.9 meters
Bedroom: 3.08 x 3.9 meters
Utility room: 2.2 x 2.04 meters

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

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$1,610

List price

$1.45M

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 (Stonegate-Queensway) has been listed for 8 days, which is 42 days fresher than the city average of 50. Act while there is still low competition.

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Listed by UPSTATE REALTY INC. · RAMNEEK SIDHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $1,449,000, about 15.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $283,040 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$1,449,000· $1,610/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.27% · $119,900

Min 8.27%50%

Mortgage payment$7,369/mo

↳ CMHC premium ($53,164 capitalized)

Property tax (est.)$701/mo

Total monthly$8,070

Cash Needed to Close

Down payment (8.27%)$119,900

Land transfer tax$50,910

Est. closing costs$6,847

Total cash needed$177,657

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