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New12 hours ago

3 Cobblestone Drive

Don Valley Village, Toronto

$2,350,000

Detached|2-Storey
4 | 4 | 4
About this home

Welcome to this exceptionally bright and spacious 4+1-bedroom residence, quietly nestled on a desirable crescent. Embodying the epitome of refined neighborhood living, this home has undergone over $900,000 in extensive interior and exterior renovations over the past four years. Upgrades include new hardwood floors, custom stairs, a gourmet kitchen, four stunning modern bathrooms, and a completely redesigned basement. The spacious family room offers a seamless walk-out to a private backyard oasis featuring a pristine swimming pool with a relaxing built-in spa, powered by new Hayward equipment (2024). ***Incredible Income Potential: The redesigned walk-out lower level offers fantastic versatility. Featuring a separate entrance, a fifth bedroom, and a custom bar area (easily adaptable to a full second kitchen by simply adding a stove and fridge), this space is perfectly configured to be a high-yielding rental unit or a private in-law suite to help offset your mortgage. Outside, the home boasts exceptional curb appeal featuring a beautifully landscaped driveway and an elegant, upgraded stone front facade. Situated in a highly coveted school district, ideally located just minutes from the Subway, GO Station, Hwys 401/404/DVP, North York General Hospital, and lush neighborhood parks. Completely move-in ready-just turn the key!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,707
Lot Size55 ft x 120 ft
mls© NumberC13633736
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$12,028
Property tax
$642
Heat allowance
$150
Housing costs
$12,821 / mo

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

Down payment20% · $470,000
25-yr amortization

Income needed

$394,000

gross annual household income

Payment at 4%
$9,889 / mo
Cash down
$470,000

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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