$800,000

For sale

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#29 3053 Finch Avenue West, Toronto (Humber Summit) - Single Family for Sale

#29 3053 Finch Avenue West, Toronto (Humber Summit), Ontario, M9M0A6

4 beds5 baths1 parking ft²

#406 2825 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K1

2 bd2 ba1 pk950 ft²+$673/mo

Listed by RE/MAX PREMIER INC.

#206 2835 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K2

For sale

70 days ago

$455K

#206 2835 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K2

2 bd2 ba2 pk950 ft²+$706/mo

Listed by CENTURY 21 HERITAGE GROUP LTD.

3034 Islington Avenue, Toronto (Humber Summit), Ontario, M9L0A6

For sale

121 days ago

$739K

3034 Islington Avenue, Toronto (Humber Summit), Ontario, M9L0A6

3 bd3 ba2 pk+$408/mo

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

#2 2964 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K6

For sale

126 days ago

$580K

#2 2964 Islington Avenue, Toronto (Humber Summit), Ontario, M9L2K6

2 bd2 ba2 pk+$391/mo

Listed by RE/MAX IMPERIAL REALTY INC.

Investment analysis

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$800,000

Toronto

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Description

A gorgeous large family home close to the corner of Islington and Finch. It comprises of 5 Large Bedrooms, 5 Washrooms, Large Sitting room with open concept Kitchen. Large family room and comfortable Studio Apartment in the Basement. Perfect location for Families looking for a taste of elegance in serene and child safe environment. Close to many Amenities such as Malls, 24hrs Laundry mart, Grocery Stores, Doctors Clinics and Banks. (id:66096)

Property Details

MLS®: W13763150
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 5
Parking: 1
Interior Size: 2,125 ft²
Storeys: 3
Basement: Apartment in basement, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $340/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,514.28/yr
Listed: 56 days ago

Rooms

Main level

Living room: 3.24 x 5.17 meters
Dining room: 3.72 x 2.99 meters
Kitchen: 3.74 x 2.39 meters

Basement

Bathroom
Kitchen

Second level

Family room: 6.69 x 5.09 meters
Primary Bedroom: 5.85 x 2.68 meters

Third level

Bedroom 2: 5.79 x 2.59 meters
Bedroom 3: 4.63 x 2.7 meters
Bedroom 4: 4.09 x 2.34 meters
Bedroom 5: 3.97 x 2.38 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

56d

Toronto (Humber Summit) listings, avg age

98d

Price / ft²

$377

List price

$800K

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 (M9M)

This home lists at $800,000, about 9.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.

Median household income: $82,000
Population: 24,245
Median age: 38
Owner / renter: 54% / 46%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA M9M)

$800,000· $377/ft²

For sale

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Full Cost Breakdown

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Down Payment6.88% · $55,000.00

Min 6.88%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$293/mo

Condo fee$340/mo

Total monthly$4,763

Cash Needed to Close

Down payment (6.88%)$55,000

Land transfer tax$24,950

Est. closing costs$4,900

Total cash needed$84,850

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

#29 3053 Finch Avenue West, Toronto (Humber Summit) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M9M)

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Full Cost Breakdown