$1,150,000

For saleJust listed

985 Caledonia Road, Toronto (Yorkdale-Glen Park) - Single Family for Sale

985 Caledonia Road, Toronto (Yorkdale-Glen Park), Ontario, M6B3Y7

4 beds2 baths3 parking1,300 ft²40 × 138 ft (5,553 sq ft) lot sizeListed Today

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,150,000, it is attractively priced about 30% below the $1,649,900 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 69 days.

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Description

The perfect fit for first-time, move-up & multigenerational buyers! This bright, spacious bungalow comes with an incredible mortgage helper & is a smart way to skip condo maintenance fees. Enjoy your morning coffee on the verandah, or relax on the back deck overlooking a generous backyard made for summer BBQs. Also lots of room for a future garden suite or pool! The main floor has 9ft ceilings, a dining room overlooking the living room, an eat-in kitchen (overlooking the backyard with a double-door walkout), oversized rooms, wood floors, a skylight & three walkouts. Downstairs, a separate side entrance opens to a fully finished, large 2-bedroom in-law suite. Fantastic large open-concept layout for the kitchen, living, and dining area. It has laminate floors, an upgraded bathroom, large above-grade windows, lots of extra pantry/storage, a 2nd exit through the garage, shared laundry & plenty of storage in the cold cellar. Steps to the TTC, minutes to shopping, Yorkdale & the subway. Garden suite potential; buyer to verify with the City. Some photos are virtually staged to help buyers picture the possibilities. Please review the full marketing package through the virtual link, including detailed floor plans and more. (id:66096)

Property Details

MLS®: W14157696
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 40 × 138 ft (5,553 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $5,601.37/yr

Rooms

Main level

Living room: 4.28 x 3.78 meters
Dining room: 5.12 x 3.19 meters
Kitchen: 5.14 x 4.17 meters
Primary Bedroom: 4 x 3.96 meters
Bedroom 2: 3.98 x 3.79 meters

Basement

Living room: 5.04 x 3.99 meters
Kitchen: 3.99 x 3.97 meters
Bedroom 3: 4.5 x 3.65 meters
Bedroom 4: 3.91 x 3.71 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, Dishwasher, Dryer, Two stoves, Window Coverings, Garage door opener, Garage door opener remote(s), Two Refrigerators
Flooring: Laminate, Parquet, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: Level lot, Flat site, Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Yorkdale-Glen Park) listings, avg age

69d

Price / ft²

$885

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 (Yorkdale-Glen Park) has been listed for 0 days, which is 69 days fresher than the city average of 69. Act while there is still low competition.

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Listed by RE/MAX PREMIER INC. · ANAHI PINTOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6B)

This home lists at $1,150,000, about 13.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 161% above the area median.

Median household income: $86,000
Population: 28,534
Median age: 42
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6B)

$1,150,000· $885/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$467/mo

Total monthly$6,344

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$38,950

Est. closing costs$5,950

Total cash needed$134,900

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