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Willowdale East, Toronto
$1,375,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $8,936 |
| Lot Size | 30 ft x 152.5 ft |
| mls© Number | C13874576 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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