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New2 hours ago

37 Tefley Road

Newtonbrook West, Toronto

$1,290,000

Detached|Bungalow
3 | 3 | 5
About this home

ATTENTION BUILDERS, INVESTORS & END-USERS - A RARE 66 X 129 FT LOT IN NEWTONBROOK WEST! An outstanding opportunity to secure an exceptionally wide property in an established North York neighbourhood surrounded by substantial redevelopment and multi-million-dollar homes. Move in and enjoy today, invest and hold, or build your dream home in the future. The existing solid-brick bungalow is well-maintained, functional and completely livable as-is, offering 3+1 bedrooms, 3 bathrooms, hardwood floors, an oversized attached garage and a finished lower level with separate entrance, second kitchen and additional living space - ideal for extended family or potential income. The expansive 66-foot frontage, deep 129-foot lot and mature private backyard create exciting possibilities for builders, investors and end-users alike. 200-amp electrical service and ample driveway parking. Conveniently located near Yonge Street, Finch Subway Station, TTC, schools, parks, shopping, restaurants and Highway 401. A compelling opportunity to own a substantial piece of North York land with a home you can comfortably live in today and exceptional potential for tomorrow - bring your vision and capitalize on the possibilities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,410
Lot Size66.07 ft x 129.4 ft
mls© NumberC13784806
Listed ByRE/MAX REALTRON BARRY COHEN HOMES 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%
$6,603
Property tax
$618
Heat allowance
$150
Housing costs
$7,370 / mo

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

Down payment20% · $258,000
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,429 / mo
Cash down
$258,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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