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Listed 1 month ago

155 York Mills Road

Bridle Path-Sunnybrook-York Mills, Toronto

$2,199,000

Detached|Bungalow
3 | 1 | 3
About this home

Prime Redevelopment Opportunity in York Mills EHON Designated Exceptional 64.17 x 145 ft south-facing lot in one of Toronto's most prestigious neighbourhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON (Expanding Housing Options in Neighbourhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or small apartment building mid-rise (up to 6 storeys up to 60 units as of right zoning approved) Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex, or explore possible severance into two lots. Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for builders, investors, or end-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in livable condition can be rented. The 1st picture is an illustration to show the possibility under EHON program

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,924
Lot Size64.17 ft x 145 ft
mls© NumberC13514428
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,255
Property tax
$827
Heat allowance
$150
Housing costs
$12,232 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $439,800
25-yr amortization

Income needed

$376,000

gross annual household income

Payment at 4%
$9,254 / mo
Cash down
$439,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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