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New3 days ago

70 Parkview Avenue

Willowdale East, Toronto

$1,375,000

Detached|Bungalow
2 | 2 | 3
About this home

An exceptional opportunity to build your own dream home on a prime 30 x 152.50 foot lot. Until construction begins, you have the option to live-in or rent-out this charming bungalow. Nestled in one of Toronto's most sought-after neighbourhoods, while being situated on an amazing low traffic street, this property offers the perfect combination of tranquility and walkability in the heart of North York. The main level features a fireplace, hardwood floors, 2 bedrooms, along with a four piece bathroom. The lower level features a separate entrance, a recreation room that could be a third bedroom, laundry room, workroom, utilites room and cold storage. Thankfully, there are no large trees that could hinder future development. The outside boasts an attached garage, private driveway, and a backyard deep enough for a multimillion dollar residence. The location makes perfect sense. Walking distance to Top-Tier schools, subway, entertainment, restaurants, stores, malls, parks, plus easy access to Hwy 401. An inspection report is available upon request.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$8,936
Lot Size30 ft x 152.5 ft
mls© NumberC13874576
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$7,038
Property tax
$745
Heat allowance
$150
Housing costs
$7,933 / mo

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

Down payment20% · $275,000
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,786 / mo
Cash down
$275,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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