$1,149,000

$1,199,000For salePrice drop↓ $50,000 (4%)

941 Willowdale Avenue, Toronto (Newtonbrook East) - Single Family for Sale

941 Willowdale Avenue, Toronto (Newtonbrook East), Ontario, M2M3C3

4 beds2 baths5 parking1,300 ft²48 × 120 ft (5,760 sq ft) lot sizeListed 37 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,149,000, it is attractively priced about 34% below the $1,749,000 median asking price in Toronto. It has been on the market 37 days, fresher than the Toronto average of 67 days.

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Description

Welcome to this solid, well-maintained brick bungalow offering exceptional space, versatility, and opportunity. Featuring 4 generously sized bedrooms and a bright open-concept living and dining area. This home is set on an impressive 48-ft frontage that widens to approx. 65 feet at the rear with a depth of 120 feet, it provides a spacious backyard and a private patio, ideal for morning coffee, outdoor entertaining and family BBQ. The finished basement adds valuable living space, featuring a spacious recreation room and a self-contained bachelor apartment with a separate entrance - ideal for extended family, an in-law suite or an excellent opportunity to generate additional rental income. Hardwood floor lies beneath the existing broadloom. Location is a major advantage, a TTC Bus stop right at the door and steps to Finch Subway Station, Parks, Shopping and Schools. A versatile property with exceptional potential - an opportunity not to be missed. (id:66096)

Property Details

MLS®: C13841484
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 48 × 120 ft (5,760 sq ft)
Frontage: 48 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $7,573.36/yr

Rooms

Ground level

Living room: 6.13 x 3.58 meters
Dining room: 3.38 x 2.97 meters
Kitchen: 4.25 x 3.2 meters
Primary Bedroom: 4.45 x 3.2 meters
Bedroom 2: 3 x 3.13 meters
Bedroom 3: 3.2 x 2.61 meters
Bedroom 4: 4.5 x 2.65 meters

Basement

Utility room: 4.04 x 3.36 meters
Furnace: 7.26 x 3.15 meters
Kitchen: 6.55 x 2.92 meters

Features

Appliances: Dryer, Freezer, Two stoves, Two Washers, Garage door opener remote(s), Water Heater, Two Refrigerators
Flooring: Hardwood, Carpeted, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: In-Law Suite

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Newtonbrook East) listings, avg age

67d

Price / ft²

$884

List price

$1.15M

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 4-bed single family in Toronto (Newtonbrook East) has been listed for 37 days, which is 30 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · SONIA WONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M2M)

This home lists at $1,149,000, about 14.2× the local median household income of $81,000.

Carrying it typically needs a household income of about $224,440 (20% down, 25-yr amortization, stress-tested) — roughly 177% above the area median.

Median household income: $81,000
Population: 31,915
Median age: 44.4
Owner / renter: 58% / 43%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M2M)

$1,149,000· $884/ft²

For sale

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Full Cost Breakdown

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Down Payment7.82% · $89,900

Min 7.82%50%

Mortgage payment$5,872/mo

↳ CMHC premium ($42,364 capitalized)

Property tax (est.)$631/mo

Total monthly$6,503

Cash Needed to Close

Down payment (7.82%)$89,900

Land transfer tax$38,910

Est. closing costs$5,947

Total cash needed$134,757

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