$899,000

For sale

9 Putney Road, Toronto (Alderwood) - Single Family for Sale

9 Putney Road, Toronto (Alderwood), Ontario, M8W2K6

3 beds2 baths4 parking900 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 31 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $899,000, it is attractively priced about 22% below the $1,150,000 median asking price in Toronto. It has been on the market 31 days, fresher than the Toronto average of 44 days.

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Description

Wonderful opportunity to create your dream home in highly desirable Alderwood West! This property offers endless possibilities-renovate the existing home, build new, or add an addition to create a space perfectly suited to your lifestyle. An excellent opportunity for a first-time homebuyer to step into home ownership and build equity in a sought-after community. Enjoy the convenience of being within walking distance to schools, parks, the library, trails, public transit, GO Transit, the local rink, and many other community amenities. Ideally located with easy access to Sherway Gardens, major highways, Pearson Airport, and Downtown Toronto. A fantastic opportunity to invest, customize, and make this home your own in a vibrant and well-connected neighbourhood. (id:66096)

Property Details

MLS®: W13862572
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Storeys: 1
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,757.33/yr
Listed

Rooms

Ground level

Kitchen: 2.49 x 4.3 meters
Living room: 5.11 x 3.48 meters
Dining room: 5.11 x 3.48 meters
Bedroom: 3.48 x 2.99 meters

Second level

Bedroom: 3.7 x 3.62 meters
Bedroom: 3.14 x 3.63 meters

Basement

Recreational, Games room: 3.35 x 7.32 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, Dryer, Freezer
Flooring: Tile, Hardwood, Laminate, Carpeted
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

31d

Toronto (Alderwood) listings, avg age

44d

Price / ft²

$999

List price

$899K

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 (Alderwood) has been listed for 31 days, which is 13 days fresher than the city average of 44. Act while there is still low competition.

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Listed by ROYAL LEPAGE PORRITT REAL ESTATE · SHELLEY PORRITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8W)

This home lists at $899,000, about 9.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$899,000· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$396/mo

Total monthly$5,021

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$28,910

Est. closing costs$5,197

Total cash needed$99,007

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