6519 W TORONTO Way, Phoenix, AZ 85043, Phoenix, 85043 - 4 bed, 3 bath
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Phoenix, AZ 85043
This Value-Add Residential Property is a Prime Investment Opportunity listed at $407,000—positioned well below the $416,364 Fair Market Value by 2%. This valuation gap secures $9,364 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the home features high-value assets including owned solar panels, an insulated garage, and a covered patio. While move-in ready, the original 2005 interior offers significant upside for forced appreciation through cosmetic modernization. It is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6519 W TORONTO Way Subject | $407,000* List Price | 4 | 3 | 2,059 | $202 | - |
A 2522 S 66TH Drive Sold | $405,000 | 4 | 3 | 2,059 | $197 | 0.1 mi |
B 2522 S 66TH Drive Sold | $405,000 | 4 | 3 | 2,059 | $197 | 0.1 mi |
C 6410 W HUGHES Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.2 mi |
D 6410 W HUGHES Drive Sold | $406,181 | 3 | 3 | 1,740 | $233 | 0.2 mi |
E 7218 W KINGMAN Street Sold | $299,900 List Price | 4 | 2 | 1,735 | 0.8 mi | |
F 7121 W WILLIAMS Street Active | $464,900 List Price | 5 | 3 | 2,219 | $210 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19 years old, placing it at the end of the 'Good' age bracket. The home appears well-maintained and move-in ready with updated LVP flooring and owned solar panels. However, the kitchen and bathrooms remain in their original 2005 state with oak cabinetry and laminate countertops, which the listing description acknowledges by highlighting the 'potential' for a buyer's personal touch.
The property includes owned solar panels and a fully insulated garage, offering significant long-term utility savings and enhanced climate control in the Arizona heat.
Perfectly positioned near the Loop 202 and I-10 freeways, providing residents with quick and easy commuting access to downtown Phoenix, shopping, and entertainment hubs.
The spacious backyard features a fully covered patio and an 8-foot double gate, making it ideal for outdoor entertaining and providing convenient access for recreational vehicle storage.
The property is marketed as a 'potential' project for buyers to add their personal touch, suggesting that the interior may require modernizing or cosmetic repairs to reach its full value.
The assigned public schools have relatively low performance ratings, which may be a concern for families prioritizing education and could impact future resale demand.
Welcome to Arizona Meadows at Terralea, where opportunity meets potential. This home is perfect for buyers ready to add their personal touch and create a space that truly reflects their style. Inside, you'll find a thoughtfully designed layout ideal for both everyday living and entertaining. The vaulted primary bedroom creates an open, airy retreat, adding to the home's inviting feel. Step outside to a spacious backyard ready for your vision--whether it's a relaxing oasis, play area, or outdoor entertaining space. Enjoy features that add both convenience and value, including a fully covered patio, an 8' double gate for easy access, a fully insulated garage, and owned solar for energy efficiency and long-term savings. Location truly sets this home apart. Perfectly situated near the Loop 202 and I-10 freeways, offering easy access across the Valley. Just minutes from downtown Phoenix, shopping, dining, and entertainment, as well as the Avondale Sports Complex and Civic Center, this home places you close to it all. Whether you're a first-time buyer, investor, or someone looking to customize a space to fit your lifestyle, this property is full of potential.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,059 | 1,694 | 76% |
| Lot Size | 5,610 | 6,025 | 41% |
| Price | $407.0K | $325.0K | 83% |
| Price per sq ft | $198 | $180 | 57% |
| Built year | 2005 | 2005 | 50% |
| HOA | $55 | $78 | 25% |
| Days on market | 7 | 1140 | 1% |
Apr 18, 2026
$407,000
Initial Listing