89 Finch Avenue E
Willowdale East, Toronto
$2,588,000
A Rare Opportunity For Builders And Investors! Big 50X160 Lot On Finch/Yonge! Walking Distance To Subway At Finch And Yonge,& Bus Terminal. Easy To GTA By Subway, Go-Train, 401 Hwy. Close To Schools, Shopping, Grocery, Library, Hospital, Community Center. Hardwood Floor Throughout. A Private Driveway W/Ample Parking 5 Spots. Prime Location, Very Desirable Lot For Developers. Great Investment Property. Foot Print Allows For Multiple Dwelling Construction. Can Also Be Noted As Mixed Use Area "C" In Finch Area Secondary Plan Where More Density And Height Be Allowed For New Development. Good Condition And Good Rent Income.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $10,120 |
| Lot Size | 50 ft x 160 ft |
| mls© Number | C14085040 |
| Listed By | MASTER`S TRUST REALTY INC. |
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%
- $13,247
- Property tax
- $843
- Heat allowance
- $150
- Housing costs
- $14,240 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$438,000
gross annual household income
- Payment at 4%
- $10,891 / mo
- Cash down
- $517,600
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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