$1,699,000
For sale: Detached

Welcome to 47 Eighth Street, a newer detached home in the heart of New Toronto, just a short walk from the lake. Built within the last five years, this 3-bedroom, 4-bathroom home offers a bright, modern layout with plenty of natural light and a great use of space. The main living area features impressive 14-ft ceilings, hardwood floors, a skylight and glass railings, while the kitchen offers full-size cabinetry and plenty of room for everyday living and entertaining. Upstairs are three bedrooms and convenient second-floor laundry. The finished basement adds valuable extra living space along with a full bathroom. Sitting on a 25 x 125 ft lot with a built-in garage and private drive, this is a great option for buyers looking for a newer detached home without leaving the city. Close to the waterfront, parks, schools, shops, restaurants and transit, with easy access to the Gardiner and downtown Toronto.
Sold data
Homes in New Toronto took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 37, across 88 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $934,450.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 88 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (New Toronto) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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