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New4 hours ago

223 Riverside Drive

High Park-Swansea, Toronto

$2,995,000

Detached|2-Storey
4 | 4 | 5
About this home

Exceptional Riverside Drive Residence. Rarely available 75' by 226' Ravine Lot. Solid Family Home with space to grow into. Gracious Living room centered around a stately open gas fireplace. Dining room with views to the wooded backyard. Mid Century modern eat-in Kitchen with access to the elevated oversized deck - perfect for morning coffee or twilight wine. Convenient powder room and covered access to the double car garage complete the main floor. Four generous bedrooms on the second - primary with a 3 piece ensuite overlooking the ravine. Wonderful potential to develop the loft attic. (Make sure to walk up the stairs and view) Above grade walk out basement to stone patio from the home office/bedroom. Full size recreation/games room - billiards anyone? Separate laundry room plus ample storage in the utility room. Steps to "Lucy Maud Montgomery" Parkette. All the above on a coveted street in Swansea with easy walking access to the Subway, Bloor West Village Shops & Restaurants, The Old Mill and Humber River Trails. 12 minutes to the financial district and minutes to the Martin Goodman Trail Boardwalk siding onto Lake Ontario. Fantastic School Districts. Move in, live and personalize at your leisure.

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$18,546
Lot Size75.08 ft x 226 ft
mls© NumberW13628856
Listed ByROYAL LEPAGE TERREQUITY REALTY

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%
$15,330
Property tax
$1,545
Heat allowance
$150
Housing costs
$17,025 / mo

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

Down payment20% · $599,000
25-yr amortization

Income needed

$524,000

gross annual household income

Payment at 4%
$12,603 / mo
Cash down
$599,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Listing History

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

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