Home with brick exterior material for 50 Lilac Ave, Toronto Ontario M9M 1G3
49 days on Market

50 Lilac Ave, Toronto, Ontario M9M 1G3

Detached
3
2
~1100-1500 sqft
$999,900
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Detached
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$788/sqft

Est. Mortgage$4,294/mo

Tax Amount (2024)$3,576/yr

Days On Market49 days


Description

Charming and full of potential, this solid brick bungalow is a fantastic opportunity for first-time home buyers or investors! Situated on a spacious 50 x 100 ft lot, this 3-bedroom home features a detached garage and two separate side entrances to a basement with exciting rental income potential. Lovingly maintained by its original owner, this rare gem has recently been updated with a newer roof, a high-efficiency forced-air furnace, and air conditioning. The expansive backyard is perfect for outdoor enjoyment and entertaining, providing ample space for gatherings or relaxation. Its prime location offers convenient access to public transportation, shopping, parks, and a selection of public and Catholic schools within walking distance. Commuting is made easy with quick access to major highways (400, 401, and 407), and you're just minutes away from the hospital. Nestled in a desirable neighbourhood surrounded by million-dollar homes, this property is brimming with possibilities. Whether you're looking to make it your own or tap into its income potential, bring your creative vision and make this charming bungalow the home of your dreams!


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size5,000 SqFt(100 x 50)
Parking Spaces4
MLS ®NumberW10402777
Community NameHumberlea
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin, Sep Entrance

Main Floor

Living

5.79 x 3.04

Hardwood Floor / Open Concept / Bay Window

Dining

3.35 x 2.28

Hardwood Floor / Combined W/Living / Window

Foyer

1.37 x 1.21

Hardwood Floor / Combined W/Living

Kitchen

3.35 x 3.12

Vinyl Floor / Eat-In Kitchen / B/I Appliances


Features

Lot size: 5,000 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 3

Total parking spaces 4


Property listed by RIGHT AT HOME REALTY, Brokerage

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Market Data - Humberlea

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

7 days

Compared to

2023

0 day

2022

0 day

2021

7 days

New Listings

Past 30 days

11 listings

Compared to

2023

0 listing

2022

0 listing

2021

2 listings

Units sold

Past 30 days

1 unit

Compared to

2023

0 unit

2022

0 unit

2021

3 units

Median Sold Price

Past 30 days

$860,000

Compared to

2021

$1,400,000


Population and Demographics

Overview

Total population 12424
Average household income $108,930

Age (%)

0 to 19
22%
35 to 49
21%
50 to 64
21%
20 to 34
21%
65 and plus
14%

Household composition (%)

Single family
68%
Single person
23%
Multi person
7%
Multi family
2%

Mother tongue (%)

English
54%
Spanish
11%
Italian
8%
Vietnamese
7%
Tagalog (Pilipino, Filipino)
5%
Others
4%
Portuguese
3%
Yue (Cantonese)
1%

House tenancy (%)

Owners
68%
Renters
32%

Schools and amenities

Estimated Budget