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Willowdale West, Toronto
$1,188,000
Welcome to the heart of Willowdale West! This timeless brick 3+ bedroom bungalow sits proudly on a premium 50 x 132 ft south lot, surrounded by custom builds and multi-million-dollar homes. Exceptionally solid and well-maintained, this home offers a strong foundation for its next chapter. Move in as-is, renovate over time to make it your own, expand, or build new. The wide, south-facing lot delivers excellent natural light, with ample space to explore a multiplex or garden suite. Set on a friendly, tree-lined street surrounded by established homes and quality new builds. One turn takes you into beautiful parkland and winding ravine trails, while a short walk or bus ride connects you to everything Yonge Street has to offer. Walk to top-ranked schools, including Churchill PS, Willowdale MS, and Yorkview French Immersion. A solid opportunity!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,081
- Property tax
- $599
- Heat allowance
- $150
- Housing costs
- $6,830 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$210,000
gross annual household income
- Payment at 4%
- $4,999 / mo
- Cash down
- $237,600
Assumes no other monthly debts · 25-yr amortization
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