400 Manse Road
West Hill, Toronto
$1,749,900
Attention Builders, Developers, Investors & Home Buyers! Rare opportunity to acquire a fully severed oversized lot in one of Scarborough's most desirable neighborhood's. Build two detached homes (400 & 402 Manse Rd.) with architectural drawings included. home offers immediate occupancy or rental income while completing the final building permit process. Ideally located near lakefront parks, community center, University of Toronto Scarborough, shopping, TTC, Highway 401, and Guildwood GO Station. Buyer to conduct their own due diligence regarding the property, development potential, permits, and all municipal approvals. An exceptional opportunity to secure a prime property with outstanding future development potential.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,698 |
| Lot Size | 100 ft x 147.5 ft |
| mls© Number | E13577466 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,957
- Property tax
- $392
- Heat allowance
- $150
- Housing costs
- $9,498 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $349,980
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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