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Willowdale West, Toronto
$1,249,000
***Extremely Rare Huge 50 ft x 300 ft Lot ----- Investors, Developers, Builders, Renovators & End Users ------ Very rare & precious opportunity ------ Multiplex or Multi-Unit Residential Development***Great Location in the highly sought-after Willowdale West community, North York***This property is not good for a family to move in right, however, it offers exceptional potentials for renovation, expansion, redevelopment, or future investment! As the City of Toronto continues to support increased housing options in residential neighbourhoods, this super expansive lot may present excellent opportunities for redevelopments, subject to zoning by-laws, building permits, and all required municipal approvals, never miss it! Under the impact of AI, the redevelopment of property can meet three critical demands: Multi-Generational Houses, Multiple-Unit Versatility, and Integrated Hybrid Workspaces. This huge lot property is uniquely engineered to meet the emerging requirements, making it a premier opportunity for forward-thinking and motivated investor/builder/devloper! Conveniently located just steps to parks, ravines, greenbelts, schools, public transit, community centre, plaza, shopping, and everyday amenities.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,624 |
| Lot Size | 50 ft x 300 ft |
| mls© Number | C13470496 |
| Listed By | TAIHOME REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,393
- Property tax
- $635
- Heat allowance
- $150
- Housing costs
- $7,178 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$221,000
gross annual household income
- Payment at 4%
- $5,256 / mo
- Cash down
- $249,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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