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Listed 2 months ago

65 Burnhamthorpe Crescent

Islington-City Centre West, Toronto

$2,075,000

Detached|2-Storey
3 | 4 | 12
About this home

TENANT IS LEAVING ON AUGUST 31st. Incredible opportunity to live in this renovated Kingsway style tudor home as is or complete severance, your choice. Exceptional opportunity in the heart of prestigious central Etobicoke with an expansive 70 x 264 lot offering potential for builder or end-user. Walk to the Kingsway and Islington village shops, the Montgomery farmers market and great local schools. Beautifully maintained and extensively renovated residential home exudes character and charm featuring leaded glass windows, vaulted ceilings and detached oversized 2-car garage. Application for land division and site plan (on hold) is in the final stage of approval for 2 custom homes of 3, 350sf above grade by (see PDF for complete set of plans). Rare build-out on quiet tree lined street in one of Etobicoke's most desirable neighborhoods.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$9,852
Lot Size70.09 ft x 264.4 ft
mls© NumberW13431140
Listed ByROYAL LEPAGE TERREQUITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$10,621
Property tax
$821
Heat allowance
$150
Housing costs
$11,592 / mo

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

Down payment20% · $415,000
25-yr amortization

Income needed

$357,000

gross annual household income

Payment at 4%
$8,732 / mo
Cash down
$415,000

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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