$675,000

For sale

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##19 50 Coleman Avenue, Toronto (East End-Danforth) - Single Family for Sale

##19 50 Coleman Avenue, Toronto (East End-Danforth), Ontario, M4C1P7

3 beds3 baths1 parking ft²

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Investment analysis

Rental cashflow calculator

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$675,000

Toronto

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Description

POWER OF SALE - Fantastic Opportunity On Coleman! A Hidden Gem With Unbeatable Value At An Accessible Price!. This End-Unit 3 Bedroom Townhome Has 2 Full Bathrooms and 1 Half Bath With Gated Grounds And Is Conveniently Located In The Center Of Everything! Two Schools In The Same Block, Tennis Court, Playground Across The Street & Main Subway Station Just Steps Away! Separate Basement Entrance With Potential In-Law/Rental Income Suite- Perfect For First Time Buyers Or Investors! Can Be Rented As A 4+1 Bedroom. (id:66096)

Property Details

MLS®: E13626480
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Attached Garage, Garage
Condo Fee: $620/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,915/yr
Listed: 98 days ago

Rooms

Ground level

Living room: 5.2 x 3.6 meters
Dining room: 4.3 x 4 meters
Kitchen: 3 x 2.5 meters

Second level

Primary Bedroom: 4.5 x 3.7 meters
Bedroom: 4.6 x 2.6 meters
Bedroom: 3.5 x 2.6 meters

Basement

Recreational, Games room: 5.2 x 3.4 meters

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

Market Timing

Days on market

98d

Toronto (East End-Danforth) listings, avg age

55d

Price / ft²

$614

List price

$675K

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.

Area context

Neighbourhood profile (M4C)

This home lists at $675,000, about 8.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 59% above the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$675,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$243/mo

Condo fee$620/mo

Total monthly$4,370

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$19,950

Est. closing costs$4,525

Total cash needed$66,975

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

##19 50 Coleman Avenue, Toronto (East End-Danforth) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4C)

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Full Cost Breakdown