487 Hounslow Ave Toronto near Yonge & Sheppard | Single Car Garage Detached home for sale

Description

Nestled on the highly sought-after Hounslow Avenue, south of Finch, in a desirable neighbourhood surrounded by impressive newer custom-built residences, this charming detached bungalow presents an exceptional opportunity for homeowners, investors, and those looking to create their dream home in a prime North York location.The main level offers a warm and inviting atmosphere with timeless character, featuring three generously proportioned bedrooms and comfortable living spaces ready to be enjoyed as is or thoughtfully reimagined to suit modern tastes.A standout feature is the newly finished lower level, thoughtfully designed with two bedrooms, a modern bathroom, a kitchen, and a spacious open-concept living and dining area, offering remarkable flexibility for extended family or multigenerational living.Situated in an established neighbourhood experiencing an exciting transformation with luxurious custom homes, this property offers tremendous potential for future enhancement. Conveniently located within close proximity to TTC transit, major transportation routes, shopping, schools, parks, and everyday amenities.

Features

Facing: South
Bedrooms: 3
Bathrooms: 2
Garages: 1
Kitchens: 1

Details

Lot size: 50.07 x 131.93 Feet
Space: 1100-1500
Tax: $ 7527.32
C13880104
Listing contracted with: REMAX YOUR COMMUNITY REALTY

Room	Size(M)	Description
Family Rm	3.35x3.05	Hardwood Floor, Open Concept, Combined w/Dining
Dining Rm	3.66x4.27	Hardwood Floor, Open Concept, Combined w/Family
Kitchen	3.35x2.44	Vinyl Floor, W/O To Patio
Br	2.90x2.59	Hardwood Floor, Closet, Window
2nd Br	2.90x4.11	Hardwood Floor, Closet, Window
3rd Br	3.05x3.96	Closet, Window, Hardwood Floor
Living Rm	3.05x3.96	Laminate, Window, Pot Lights
Dining Rm	3.05x3.96	Laminate, Window, Pot Lights
Br	6.10x3.35	Laminate, Window, Pot Lights
2nd Br	2.59x3.20	Laminate, Window, Pot Lights

Bathroom	Pieces	Level
1xBath	4 pcs	Ground
1xBath	3 pcs	Basement

Property Summary

Located close to the intersection of Yonge & Sheppard, 487 Hounslow Ave is a 3+2 bedrooms 2 washrooms Detached. The unit has a Single Attached Parking Space. The property basement is Apartment Separate Ent. The property has many nice features including None. .

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 14.7% compared with the same period last year.

Rent levels have increased 5.3% compared with the same period last year.

Recent Comparable Value Range

$1,090,000 – $1,490,000

Recent 6-Month Rent Range

$3,300 – $3,500/month

How This Home Compares

Market Temperature

Seller's Market

Strong SellerSellerBalancedBuyerStrong Buyer

Inventory conditions currently favour sellers of similar homes.

Typical Selling Time

8 Days

Similar homes are selling in about 8 days, broadly in line with last year.

Price Position

8.6% Higher

The asking price is above the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and townhouses. Approximately 56% of residents hold a bachelor's degree or higher, while about 11% have a college credential. Residents use a combination of driving and public transit for commuting.

School Information

Elementary Schools
Yorkview Public School (Grade: JK - 5) | School Boundary

Home school

Distance to school: 0.4 km (~7 min walk)
Willowdale Middle School (Grade: 6 - 8) | School Boundary

French Immersion school

Distance to school: 1.1 km (~19 min walk)
ST CYRIL (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 2.0 km (~36 min walk)
ST ANTOINE DANIEL (Grade: JK - 8)

Catholic French Immersion school

Rank: 1300 out of 3022 (Score: 6.4)

Distance to school: 8.1 km (~24 min drive)
ST MARGARET (Grade: 5 - 8)

Catholic French Immersion school

Rank: 687 out of 3022 (Score: 7.3)

Distance to school: 3.9 km (~12 min drive)
Secondary Schools
Northview Heights Secondary School (Grade: 9 - 12) | School Boundary

Home school

Rank: 219/746 (Score: 7.0) 5 year average: 191/746 (Score: 7.0)

Distance to school: 0.7 km (~13 min walk)
Cardinal Carter-Arts (Grade: 9-12)

Catholic School

Distance to school: 2.5 km (~7 min drive)
Loretto Abbey (Grade: 9-12)

Catholic French Immersion school

Rank: 259/746 (Score: 6.8) 5 year average: 205/746 (Score: 6.9)

Distance to school: 3.9 km (~12 min drive)

Location

Community Overview

487 Hounslow Ave is at the Heart of Willowdale West Community. Willowdale West runs from Bathurst Street on the west to York Cemetery and Funeral Centre on the south, Yonge Street on the east, and Finch Avenue on the north. North York Center subway station and Finch subway station are conveniently located at the southeast and northeast corners of the community. Predominated by single-detached real estate built before 1960, this North York community witnesses a constant fresh condo development. In past 3 months, 23 Detached homes were sold at average of $1.74M. The top visible minorities in Willowdale West are Chinese, Korean, and Iranian. In 487 Hounslow Ave neighbourhood, you will find many residents are Chinese, Canadian, Italian, Russian, and Persian. Furthermore, the Nearby Finch subway station and North York Center subway station, located at the southeast corner of the community, connect the central transit system to downtown Toronto. North York Civic Centre at the southeast corner of the community is home to the Toronto District School board. The Yonge Street shopping corridor is brimming with some best Chinese and Korean restaurants, coffee shops, and professional service stores. Willowdale West is a fast-paced community with many new condo projects planned and under development along Yonge Street. Many original houses have also been torn down and replaced by new modern homes.