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New1 day ago

14 Pleasant Avenue

Newtonbrook West, Toronto

$3,400,000

Detached|2-Storey
3 | 4 | 4
About this home

Attention Developers, Investors & Builders! Prime Re-Development Location! Multiple lots available for land assembly. To be sold with #12, #18 Pleasant & other adjacent lots. Each lot 6,275 sq ft of land area. Within the 800m walking distance to the Yonge St Subway Line Extension. Potential to add up to approx 66,000 sq ft of land area that allows for Development Height of 20-30 storeys. Prime Location First Block inside Yonge St. w/Future Yonge St Subway Line Extension at Yonge & Steeles. Direct Subway Projected Access w/in 800 metres!! DO NOT GO DIRECT! Do Not Disturb Occupants! DO NOT WALK THE LOT w/o Listing Agent present. **EXTRAS** Property Part of a Future Land Assembly. Great RE-Development Opportunity Steps to Yonge St. in North York & Future Yonge St Subway Extension Line at Yonge & Steeles!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,070
Lot Size47.5 ft x 132 ft
mls© NumberC13781052
Listed ByTHE REALTY FIRM INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$17,403
Property tax
$756
Heat allowance
$150
Housing costs
$18,309 / mo

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

Down payment20% · $680,000
25-yr amortization

Income needed

$563,000

gross annual household income

Payment at 4%
$14,308 / mo
Cash down
$680,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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