48 days on Market

5 Willowlea Dr, Toronto, Ontario M1C 1J4

Detached
3 + 2
2
- sqft
$1,189,000
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Detached
3 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,106/mo

Tax Amount (2023)$4,063/yr

Days On Market48 days


Description

Exceptional residential development opportunity in the vibrant Highland Creek Community! Aligning perfectly with Toronto's Expanding Housing Options in Neighborhoods (EHON) Initiative. Positioned as prime development land this property boasts significant potential, making it an ideal investment for developers and investors. Don't miss out on this lucrative prospect! The kitchen is new and renovated with new paint and pot lights throughout.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size10,887 SqFt(206 x 52.85)
Parking Spaces5
MLS ®NumberE10405996
Community NameHighland Creek
Data SourceTRREB
Listing byRE/MAX ACE REALTY INC.

Features

Heating: Forced Air
Fireplace
Basement: Finished, Sep Entrance

Features

Lot size: 10,887 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by RE/MAX ACE REALTY INC., Brokerage

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Market Data - Highland Creek

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2023

40 days

2022

18 days

2021

10 days

New Listings

Past 30 days

21 listings

Compared to

2023

14 listings

2022

10 listings

2021

3 listings

Units sold

Past 30 days

10 units

Compared to

2023

3 units

2022

4 units

2021

5 units

Median Sold Price

Past 30 days

$1,062,500

Compared to

2023

$1,650,000

2022

$1,107,750

2021

$1,450,500


Population and Demographics

Overview

Total population 13522
Average household income $134,802

Age (%)

20 to 34
23%
50 to 64
21%
65 and plus
21%
0 to 19
19%
35 to 49
16%

Household composition (%)

Single family
73%
Single person
17%
Multi person
7%
Multi family
3%

Mother tongue (%)

English
59%
Tamil
13%
Others
4%
Tagalog (Pilipino, Filipino)
4%
Mandarin
3%
Yue (Cantonese)
2%
Urdu
2%
Punjabi (Panjabi)
2%
Malayalam
2%
Bengali
2%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget