$569,000

For sale

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#49 740 KENNEDY Road, Toronto (Ionview) - Single Family for Sale

#49 740 KENNEDY Road, Toronto (Ionview), Ontario, M1K2C5

3 beds2 baths1 parking ft²

20 Ashwick Drive, Toronto (Ionview), Ontario, M1K2K9

3 bd2 ba4 pk1,300 ft²Lot size 30 × 100 ft (3,000 sq ft)

Listed by ROYAL LEPAGE SUPREME REALTY

61 Chelwood Road, Toronto (Ionview), Ontario, M1K2K5

For sale

12 days ago

$700K

61 Chelwood Road, Toronto (Ionview), Ontario, M1K2K5

3 bd2 ba4 pk900 ft²Lot size 30 × 100 ft (3,000 sq ft)

Listed by RE/MAX WEST REALTY INC.

19 Flempton Crescent, Toronto (Ionview), Ontario, M1K3B3

For sale

19 days ago

$1.12M

19 Flempton Crescent, Toronto (Ionview), Ontario, M1K3B3

6 bd3 ba5 pk1,300 ft²Lot size 47 × 107 ft (4,997 sq ft)

Listed by RIGHT AT HOME REALTY

4 Moorecroft Crescent, Toronto (Ionview), Ontario, M1K3V1

For sale

32 days ago

$915K

4 Moorecroft Crescent, Toronto (Ionview), Ontario, M1K3V1

5 bd3 ba3 pk900 ft²Lot size 42 × 120 ft (5,065 sq ft)

Listed by REAL ESTATE HOMEWARD

Investment analysis

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$569,000

Toronto

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Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $569,000, it is attractively priced about 19% below the $699,900 median asking price in Toronto. It has been on the market 22 days, fresher than the Toronto average of 81 days.

Houses for Sale in Toronto →All real estate in Toronto →

Property Details

MLS®: E14007914
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 17 × 89 ft (1,481 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,903/yr
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Ionview) listings, avg age

81d

Price / ft²

$632

List price

$569K

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 (M1K)

This home lists at $569,000, about 7.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.

Median household income: $72,500
Population: 48,175
Median age: 40.4
Owner / renter: 50% / 50%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1K)

$569,000· $632/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$242/mo

Total monthly$3,220

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$15,710

Est. closing costs$4,207

Total cash needed$51,817

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#49 740 KENNEDY Road, Toronto (Ionview) - Single Family for Sale

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Description

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Neighbourhood profile (M1K)

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