999 Caledonia Road, Toronto (Yorkdale-Glen Park), Ontario, M6B3Y9




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$1,589,000
Toronto
This 6-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Its $1,589,000 asking price sits right in line with the $1,649,900 median in Toronto. It has been on the market 16 days, fresher than the Toronto average of 70 days.
OPPORTUNITY MEETS POTENTIAL AT 999 CALEDONIA ROAD! An exceptional offering for investors, builders, developers & visionary purchasers seeking opportunity in Toronto's established Yorkdale-Glen Park neighbourhood.Prominently positioned at Caledonia Road & Joyce Parkway, this detached residence occupies a generous (41.29ft x147ft) corner parcel of approximately 6,060 sq. ft., offering impressive street exposure & intriguing possibilities for the future. Currently configured as three separate residential units, the property features a vacant main-floor accommodation & two tenant-occupied units, presenting flexibility for purchasers exploring investment, renovation or longer-term redevelopment opportunities. Additional highlights include two garages, a finished basement with separate entrance & an on-demand tankless hot water system. GeoWarehouse identifies the zoning as RD(f12;a370), providing an interesting starting point for purchasers considering the property's future potential.Whether envisioning continued residential use, a thoughtful transformation or an entirely new development concept, this property's location, lot characteristics & existing configuration invite exploration. Conveniently situated near neighbourhood parks, schools, transit & everyday amenities. All uses, existing unit status, development possibilities & required approvals are subject to independent verification with the appropriate authorities. A PROPERTY OF POSSIBILITIES - BRING YOUR VISION! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 70 days across the listings currently for sale in this city
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.
This 6-bed single family in Toronto (Yorkdale-Glen Park) has been listed for 16 days, which is 54 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,589,000, about 18.5× the local median household income of $86,000.
Carrying it typically needs a household income of about $310,387 (20% down, 25-yr amortization, stress-tested) — roughly 261% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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