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New4 days ago

73 Bowerbank Drive

Newtonbrook East, Toronto

$1,299,000

Detached|Bungalow
3 | 4 | 5
About this home

Rebuilt from the studs with permits and quality finishes, this owner-occupied 3 + 2 bed, 4 bath detached home was built for its owner, and it shows. Every aspect was meticulously thought through and designed. Completed in 2021, the main floor was reimagined open concept with walls removed, the original subfloor replaced, and insulation and soundproofing added throughout, joined by a new primary ensuite bathroom, a new walkout to the backyard deck, and custom built-ins for storage and a home office. The lower level boasts a legal 2 bedroom suite with a separate entrance, full kitchen, two full bathrooms, and a rebuilt staircase that pulls natural light down, currently enjoyed as a guest suite, media room, and fully equipped gym, with the option to use it as a mortgage helper. A second electric panel and meter are already in place, with an additional kitchen and laundry roughed in for a potential third suite. Outside, new stucco and exterior lighting, an expanded driveway, all-new fencing, and interlock walkways surround a private landscaped backyard with a new deck and patio. The renovated garage features epoxy flooring, side paneling with flexible storage, overhead storage, a raised door, and interior locking. Upgraded main water line. A trail accessible directly from the backyard leads to Finch Station, with Grandview and Garnier Parks, plus Yonge Street, steps away. Pre-inspection report available. Nothing to do but move in.

Extras

No extras listed.

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No upcoming open houses.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,471
Lot Size50 ft x 120 ft
mls© NumberC13625850
Listed ByRE/MAX ULTIMATE REALTY INC.

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,649
Property tax
$706
Heat allowance
$150
Housing costs
$7,505 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$231,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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