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York University Heights, Toronto
$1,489,999
**3 LEGAL DWELLING UNITS** A RARE TURNKEY OPPORTUNITY OFFERING LUXURY LIVING, EXCEPTIONAL FLEXIBILITY, AND BUILT-IN RENTAL INCOME! Situated On A Premium 45 x 137 Pie-Shaped **RAVINE LOT** In One Of North York's Most Desirable Family Neighbourhoods, This Fully Renovated Residence Features 3 Self-Contained Legal Dwelling Units, Making It An Ideal Choice For Investors, Multi-Generational Families, Or Homeowners Looking To Offset Their Mortgage With Strong Rental Income. Completely Redesigned In 2026 With City Permits And Inspections, This Property Is Move-In Ready And Designed To Deliver Value From Day One. This Carpet-Free Home Showcases New Flooring, Tiling, Piano-Style Stairs With Modern Spindles, Neutral Color Paint, Upgraded Lighting, Pot Lights Throughout, And Premium Finishes From Top To Bottom. 3 Brand New Kitchens Feature New Quartz Countertops, Stainless Steel Appliances, Contemporary Cabinetry, And Stylish Backsplashes. Relax In The Beautiful **SUNROOM FEATURING A JACUZZI** Tub And Sitting Area. Enjoy Peaceful Ravine Views From The **ATTACHED BALCONY**, Along With A Stylish **PORCH ENCLOSURE** For Year-Round Enjoyment. A Versatile Main-Floor Room With An Attached Bathroom Is Ideal As An Office, Guest Suite, Or Additional Bedroom. Outside, You'll Find A Covered Front Porch, Side Gazebo/Shed, Enormous Backyard Ready For Your Creative Touches, Double Car Garage With Ample Storage, And An Oversized Driveway Accommodating Up To 8-Car Parking. Additional Features Include Security Cameras, Two Sets Of Washers And Dryers, Fully Renovated Bathrooms, Wall Paneling, And Numerous Quality Upgrades Throughout. Ideally Located Minutes From York University, Finch West LRT, Highway 400, Schools, Parks, Shopping, And Everyday Amenities. Luxury Living. Strong Cash Flow. Prime Location. Endless Possibilities. A Rare Turnkey Opportunity Offering The Perfect Combination Of Luxury, Flexibility, And Income
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $5,942 |
| Lot Size | 45 ft x 137.1 ft |
| mls© Number | W13521346 |
| Listed By | LPT 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%
- $7,626
- Property tax
- $495
- Heat allowance
- $150
- Housing costs
- $8,272 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$255,000
gross annual household income
- Payment at 4%
- $6,270 / mo
- Cash down
- $298,000
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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