47 King Edward Ave Toronto near Woodbine Ave & Danforth Ave. | Detached home for sale

Description

0% Interest - 5 (FIVE) Years VTB $100,000.00 on approved credit. The VTB will Assist with the Down Payment or it Could be Used for Bringing Down the Monthly Carrying Costs. Location, Location, Location!! - Situated in the Desirable Gledhill School District. This Detached 3-Bedroom Home has a Private Drive on a Deep Lot, allowing for a Garden Suite. Main Floor Master Bedroom & 2nd Floor Master Bedroom Features a Walkout to Deck that Overlooks the Lovely Backyard. 2nd Floor Flex / Media Room with Kitchen, could be a 4th Bedroom. Main Floor (Renovated - 1 3-Pc Bath). 2nd Floor Laundry Facilities. Fully Refinished to The Studs. Wired & Interconnect Smoke & Carbon Monoxide Detectors throughout. Main Front & 2nd Floor Windows Replaced (2021), and Roof (2021). Main Floor Open Concept Kitchen & Living Room. Roughed in Laundry on Main Floor. Separate Entrance to Basement. New Stainless-Steel Appliances. Income Potential - Live on Main Floor or 2nd Floor and Rent the Other. Further Income Potential from Furnishing the Basement Level & Garden Suite. Close to: Danforth Restaurants, Coffee Shops, School, Banks, Medical Clinics, 10 Minutes to Subway. Ideal for Extended family or Young couple. Please speak with Listing Agent regarding Financial Opportunities.

Features

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

Details

Lot size: 25.00 x 126.54 Feet
Space: 1500-2000
Tax: $ 4562.00
E14133972
Listing contracted with: CENTURY 21 PARKLAND LTD.

Room	Size(M)	Description
Living Rm	6.49x2.90	Open Concept, Hardwood Floor, Picture Window
Dining Rm	x	Combined w/Living
3rd Br	3.81x4.32	W/O To Yard
Kitchen	0.00x0.00	Combined w/Living
Br	3.05x2.74
Media Rm	4.57x3.96	Centre Island
Primary B	x	Walk-Out
2nd Br	x
Living Rm	4.79x3.04	Open Concept, Laminate

Bathroom	Pieces	Level
1xBath	2 pcs	Main
1xBath	3 pcs	Second

Property Summary

Located close to the intersection of Woodbine Ave & Danforth Ave., 47 King Edward Ave is a 3 bedrooms 2 washrooms Detached. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, third bedroom and Kitchen are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have decreased 16.2% compared with the same period last year.

Rent levels have decreased 23% compared with the same period last year.

Recent Comparable Value Range

$1,020,000 – $1,370,000

Recent 6-Month Rent Range

$2,600 – $4,100/month

How This Home Compares

Market Temperature

Balanced Market

Strong SellerSellerBalancedBuyerStrong Buyer

Supply and recent sales are relatively balanced for similar homes.

Typical Selling Time

7 Days

Similar homes are selling in about 7 days, broadly in line with last year.

Price Position

17.1% Higher

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

Local Area Profile

This property is located in a predominantly owner-occupied residential area with housing made up primarily of detached homes. Approximately 62% of residents hold a bachelor's degree or higher, while about 24% have a college credential. Residents use a combination of driving and public transit for commuting.