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Listed 3 months ago

61 Dane Avenue

Yorkdale-Glen Park, Toronto

$3,900,000

Detached|2-Storey
5 | 5 | 6
About this home

Welcome to 61 Dane Avenue - A Distinguished Custom Residence of Exceptional Scale, Design & Versatility. This remarkable transitional-style residence offers approximately 7,360 sq. ft. of beautifully finished living space, including an impressive fully finished lower level, set on a generous 60 x 125 ft. lot. Featuring 5+4 beds & 6 baths, this sophisticated residence has been thoughtfully designed to accommodate refined entertaining, luxurious everyday living & a variety of lifestyle requirements. The main level showcases an expansive chef-inspired kitchen with an oversized centre island, seamlessly connecting to elegant dining, living & family rooms enhanced by approximately 11-ft ceilings. A private main-floor office & 3-pc bath add exceptional functionality. Six skylights bathe the interiors in natural light, highlighting large-plank hardwood flooring, a dramatic floating staircase with sleek glass railings, gas fireplace & an abundance of pot lights that enhance the home's contemporary aesthetic. The fully finished lower level is an exceptional extension of the home, featuring a separate entrance & walkout to the rear yard, 4 additional beds, a 2nd kitchen & expansive recreation area, creating remarkable flexibility for extended accommodations, guests, a private workspace or additional living space. The private backyard offers generous outdoor space & excellent potential for entertaining or quiet enjoyment. Ideally situated near shopping, public transit, schools, parks & major transportation routes, including Lawrence West Subway Station, Allen Road & Yorkdale Shopping Centre. As per Seller, the lower level is currently generating approximately $8,000/month in rental income. An exceptional opportunity to own a substantial custom residence offering impressive scale, sophisticated design, versatile living spaces & outstanding income potential in a highly convenient Toronto location.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size5000 + sq. ft.
Property Tax$15,014
Lot Size60 ft x 125 ft
mls© NumberW13254624
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$19,962
Property tax
$1,251
Heat allowance
$150
Housing costs
$21,363 / mo

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

Down payment20% · $780,000
25-yr amortization

Income needed

$657,000

gross annual household income

Payment at 4%
$16,412 / mo
Cash down
$780,000

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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