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New3 hours ago

1 Mayo Drive

Rustic, Toronto

$999,900

Detached|Bungalow
3 | 2 | 8
About this home

Rare Detached Home on an Exceptional 42' x 177' Lot! Welcome to this versatile detached 3-bedroom home, ideally situated on a quiet, child-friendly cul-de-sac and adjacent to the desirable Maple Leaf Park. Set on an impressive 42-foot frontage with approximately 177 feet of depth, this property offers an abundance of space, privacy, parking, storage, and potential.The main floor features hardwood flooring throughout, with the exception of the kitchen, which offers durable ceramic flooring, and the living room, where broadloom is laid over the hardwood. The spacious layout includes a third bedroom converted from the original dining room, providing excellent flexibility for a growing family, home office, or guest room.The home offers three separate entrances - front, side, & rear - providing convenient access and excellent potential for a variety of living arrangements. The fully finished basement adds even more usable space, featuring a second eat-in kitchen, large recreation room, second bathroom, and two generously sized cantinas/storage areas.One of the property's standout features is the rare detached tandem garage, approximately 30' x 16', ideal for the hobbyist, car enthusiast, workshop, or additional storage. The private driveway provides parking for approximately four vehicles.The exceptionally deep lot continues to impress, with a large rear building spanning approximately 43 feet across the rear of the property, offering substantial additional storage or hobby space. A glass greenhouse provides a dedicated space for gardening and protecting plants during colder weather. The expansive yard offers plenty of room for outdoor enjoyment, gardening, storage, and a variety of uses. Located steps from Maple Leaf Park, Rustic Bakery, St. Fidelis school, Humber Memorial Hospital, major transportation routes, Highways 401 & 400.This home combines space, convenience, & unique features that are increasingly difficult to find in a detached property. A Rare find

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,698
Lot Size42.46 ft x 176.21 ft
mls© NumberW13842608
Listed ByRE/MAX PREMIER INC.

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%
$5,118
Property tax
$392
Heat allowance
$150
Housing costs
$5,659 / mo

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

Down payment20% · $199,980
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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