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            For Sale 88 Days On Site

            23 Burke Street

            near Yonge/Finch
            Price Changed -$19,001 (2019-12-02) $1,699,999 4+2bdr • 4ba • 2kit • 2500-3000sf
            Average Income
            $67,840
            Population Age
            45 y/old
            School Score
            3.15/10
            Price Index Change 1y
            -1.78%
            Price Index Change 3y
            -2.97%
            Rent Index Change 1y
            +7.94%
            Rent Index Change 3y
            +35.73%

            Detached • 2-Storey

            23 Burke Street, Newtonbrook West, Toronto
            • Rooms and Bathrooms 4+2 bedr, 4 bath
            • Kitchens 2
            • area 2500-3000
            • area 33.00x120.00
            • garage 2.0 Built-In
            • exposure E
            • age 6-15
            • possession

              Tba

            $1,699,999

            $6,119.00
            Tax yr: 2019

            68 Somewhat Walkable

            100 Rider's Paradise

            60 Bikeable

            3.15/10

            Property Location Details
            • Toronto

            • Toronto

            • Newtonbrook West

            • Yonge/Finch

            • M2M1V1

            • Plan 2272 Lot24 Pt2 Plan 64R-16392

            • Residential

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

            Property Overview
            Exclusive Elegant, Premium Corner Lot With 4 Bed Home With 9Ft Ceilings, Granite Foyer, Moulding, Fire Place In Family Room, Pot Light, Kitchen W/Granit Counter Top, Backsplash., S/S Appliances. Master W/Jacuzzi. Bsmt Apartment W/Sep Entrance And Kirchen. Huge Deck And Fenced Yard. Walk To Subway, Close To Buses, Schools, Shopping. Step To The Yonge
            Extras: 2Fridge, 2Stove, Washer/Dryer, Elf's, Window Coverings, Garage Door Opener
            Video tour available. Click to watch.
            Property Features
            • Park
            • Public Tra
            • Stucco/Plaster
            • Central Vac
            • Family Room
            • Utilities-Hydro
            • Fireplace/Stove
            • Utilities-Gas
            • Utilities-Cable
            • Utilities-Telephone
            • Elevator
            • Seller Property Info Statement
            Rooms details
            Living
            • Ground Level
            • Hardwood Floor
            • Combined W/Dining
            • Crown Moulding
            • Size 6.64x3.49
            Dining
            • Ground Level
            • Hardwood Floor
            • Combined W/Living
            • Size 6.64x3.49
            Family
            • Ground Level
            • Hardwood Floor
            • Fireplace
            • W/O To Deck
            • Size 5.37x3.78
            Kitchen
            • Ground Level
            • Ceramic Floor
            • Eat-In Kitchen
            • Size 2.50x3.50
            Breakfast
            • Ground Level
            • Ceramic Floor
            • Bay Window
            • Size 2.50x3.50
            Master
            • 2nd Level
            • Laminate
            • 5 Pc Ensuite
            • W/I Closet
            • Size 5.37x4.36
            2nd Br
            • 2nd Level
            • Laminate
            • Closet
            • Size 4.30x3.20
            3rd Br
            • 2nd Level
            • Laminate
            • Closet
            • Size 4.30x3.10
            4th Br
            • 2nd Level
            • Laminate
            • Closet
            • Size 3.50x3.20
            5th Br
            • Bsmt Level
            • Ceramic Floor
            • Closet
            • Size 3.53x3.22
            Br
            • Bsmt Level
            • Ceramic Floor
            • Size 3.40x3.30
            Basement
            • Apartment
            • Sep Entrance
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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            23 Burke Street is a freehold detached 2-storey home, located in Newtonbrook West of city of Toronto, Toronto region, near Yonge/Finch, and has been available for sale on ITRealty since 2019-09-18. This 2-storey home is fronting on East side of Burke St.

            Lot Size and Living Area:

            23 Burke Street has 9+2 rooms in total, including 4+2 bedroms, 4 baths and 2 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and is 33.00 feet wide, and 120.00 feet deep. This home has approximately 2500-3000 square feet above the ground level plus apartment basement. This home was built appriximately 6-15 years ago.
            This home has 4 total parking spaces, including 2.0 space(s) in built-in garage. Laundry is located on upper level. Basement features: apartment and sep entrance. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            This home heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This home is featuring Park, Public Tra at, or near the property.
            AIDA has also identified the following features: Income Potential, Separate Entrance, Finished Basement, Basement Apartment, Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Flexible Possession.

            Price & Cost Overview

            General:

            23 Burke Street detached is listed for $1,699,999. Home property tax for year 2019 was $6,119.

            Comparative Market Analysis:

            There are similar 4 bedr detached homes recently sold nearby for an average Time Adjusted Selling Price of $1,503,084.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $6,379, and total expenses, including the mortgage and property tax, approximately $6,889, assuming $1,699,999 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 23 Burke Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $15,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Newtonbrook West, where 23 Burke Street is located, has $886,792 Home Price Index, and $2,663 Home Rent Index. Average household income at dissemination area of 23 Burke Street is $67,840, and average polulation age is 45 years old.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $960,903, and average Home Rent Index $2,635.

            Similar Properties & Community Details:

            Here are similar to 23 Burke Street 4 bedr detached homes listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 23 Burke Street.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Newtonbrook West neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 68, 100, and 60 accordingly, location of 23 Burke Street overall can be described as Somewhat Walkable, Rider's Paradise, and Bikeable.

            23 Burke Street Listings History Powered By AIDA
            Newtonbrook West, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Homes MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (41 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 4 to 5 properties like that to be sold in Newtonbrook West during the next 30 days.
            Seasonal sales fluctuation is showing 37% inventory increase comparing to the average annual number, which is equvalent to 3.17 properties sold per month, and 13% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 88 days, which is 111% longer than it takes a similar home in Newtonbrook West to sell, which is more than as twice as long as it takes a similar home in Newtonbrook West to sell.
            Please note that asking price was reduced 13 days ago by -$19,001, which is a minor price reduction and may not generate enough interest.
            Seasonal sales fluctuation is showing 39% D.O.M. increase comparing to the average annual number, which is equvalent to 29 D.O.M., and 30% increase comparing to the last six months indicating lowering demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 7.61% below its asking price in Newtonbrook West.
            The selling to asking price ratio is declining in Newtonbrook West.
            Considering the fact that this property has already been on the market for 88 days, which is -111% longer than average number of days it takes a home to sell in Newtonbrook West (41.7), but taking into account recent price drop by -$19,001, this home may get sold at or near it's new price.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4580942 Comparative Market Analysis
            23 Burke Street Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Newtonbrook West, Toronto, to the City of Toronto for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was -1.78% comparig to the City of Toronto average of +3.71%

            Price Index 3y

            Price Index change was -2.97% comparig to the City of Toronto average of +8.4%

            Rent Index 1y

            Rent Index change was +7.94% comparig to the City of Toronto average of +3.275%

            Rent Index 3y

            Rent Index change was -2.97% comparig to the City of Toronto average of +8.4%

            Walkscore

            Walkscore 68 out of 100 means Somewhat Walkable

            Transitscore

            Transitscore 100 out of 100 means Rider's Paradise

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 3.15 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            Mortgage & Payments Summary

            Demographics & Housing Statistics

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            New
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