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Woodbine Corridor, Toronto
$1,099,000
Welcome to 31 Woodrow Ave! This stunning, extensively renovated modern family home offers bright, spacious interiors, quality finishes and thoughtful upgrades throughout. Fully renovated in 2020 with over $350,000 spent, the home was taken down to the studs and beautifully transformed with updated insulation, electrical, plumbing, windows, roofing and HVAC systems. Light, natural-toned hardwood flooring flows throughout the main and second floors. The inviting living room features a charming brick fireplace, while the designer kitchen boasts a large island, coffee bar and stainless steel appliances, perfect for everyday living and entertaining. The open-concept main floor also features a convenient bathroom. Upstairs, the spacious primary bedroom impresses with soaring ceilings and a unique mezzanine loft, while the third bedroom offers a walkout to a large balcony. The finished basement, professionally underpinned and waterproofed, provides versatile living space for a family room and home office, along with a full bathroom and laundry room. Major improvements include upgraded electrical with smart switches, a new furnace (2024), new dishwasher (2026), sump pump and extensive front and rear landscaping. Step outside to your private backyard oasis featuring a beautiful pond and fire pit, ideal for relaxing or entertaining. Mutual driveway and street parking. Ideally situated steps from the Danforth's vibrant shops, cafés and restaurants, and Coxwell Subway Station. Enjoy nearby Monarch Park with its outdoor pool, skating rink, playground and off-leash dog area, plus East Lynn Park, local schools and the Danforth/Coxwell Library. A beautifully updated, move-in-ready home offering modern comfort, character in a vibrant neighbourhood!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,625
- Property tax
- $443
- Heat allowance
- $150
- Housing costs
- $6,218 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
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