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Price Change$899,999

49 Batavia Avenue

Rockcliffe-Smythe, Toronto

$889,999

Detached|Other
0 | 0 | 0
About this home

Attention builders, developers, and savvy investors-exceptional opportunity to acquire a prime 26.43 x 153.52 ft lot (4,047 sq ft) in Toronto's sought-after Runnymede area. Being sold strictly for land value. The existing structure has sustained extensive water damage (plumbing; not land waters) and is not habitable - demolition or major renovation is required. This deep, well-proportioned lot offers excellent potential for redevelopment in a neighbourhood experiencing steady reinvestment and new custom builds. Ideally located just minutes to Stockyards Village, public transit (TTC) and nearby subway access, reputable schools, parks, and amenities, with convenient connections leading to the Gardiner Expressway and Highway 400. Laneway access at the rear adds flexibility and future potential. Rare chance to secure a solid footprint in a high-demand west-end location. Property sold in "as is, where is" condition with no warranties or representations. Buyers are to conduct their own due diligence regarding zoning, permits, and development potential. A rare chance to secure a deep lot in an evolving neighbourhood with strong upside.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleOther
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,034
Lot Size26.37 ft x 149.42 ft
mls© NumberW13065538
Listed ByIQI GLOBAL REAL ESTATE

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,555
Property tax
$336
Heat allowance
$150
Housing costs
$5,042 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $178,000
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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