Home with vinyl exterior material, street for 55 Colonial Ave, Toronto Ontario M1M 2C4
1 hour on Market

55 Colonial Ave, Toronto, Ontario M1M 2C4

Detached
3 + 5
3
- sqft
$1,250,000
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Detached
3 + 5
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,368/mo

Tax Amount (2024)$3,343/yr

Days On Market1 hour


Description

Stunning 3-bedroom bungalow located in the highly desirable Cliffcrest neighborhood, set on anexpansive 50x150 premium lot with a backyard oasis. The bright and spacious main floorfeatures a large, modern kitchen with a massive center island and hardwood flooringthroughout. Includes a separate 1-bedroom in-law suite offering potential rental income. Thebasement boasts 4 additional bedrooms with laminate flooring, providing a versatile layoutsuitable for multi-family living or a large family. Conveniently close to schools, shopping,transit, and parks.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size7,518 SqFt(150.18 x 50.06)
Parking Spaces6
MLS ®NumberE11899418
Community NameCliffside
Data SourceTRREB
Listing byDREAM VALLEY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

4.79 x 3.43

Hardwood Floor / Combined W/Dining / Pot Lights

Dining

3.36 x 2.83

Hardwood Floor / Combined W/Living / Ceiling Fan

Kitchen

4.03 x 3.09

Tile Floor / Stainless Steel Appl / Centre Island

Prim Bdrm

4.53 x 2.85

Hardwood Floor / O/Looks Backyard / Closet


Features

Lot size: 7,518 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by DREAM VALLEY REALTY INC., Brokerage

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Market Data - Cliffside

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2023

24 days

2022

23 days

2021

6 days

New Listings

Past 30 days

36 listings

Compared to

2023

27 listings

2022

16 listings

2021

7 listings

Units sold

Past 30 days

12 units

Compared to

2023

10 units

2022

13 units

2021

18 units

Median Sold Price

Past 30 days

$1,185,000

Compared to

2023

$937,500

2022

$1,150,000

2021

$1,350,500


Population and Demographics

Overview

Total population 23402
Average household income $124,663

Age (%)

50 to 64
23%
0 to 19
21%
65 and plus
19%
35 to 49
19%
20 to 34
19%

Household composition (%)

Single family
63%
Single person
31%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
72%
Bengali
9%
Others
4%
Tagalog (Pilipino, Filipino)
3%
Yue (Cantonese)
2%
Tamil
2%
Mandarin
1%
Spanish
1%
Urdu
1%

House tenancy (%)

Owners
58%
Renters
42%

Schools and amenities

Estimated Budget