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Downsview-Roding-CFB, Toronto
$1,169,800
Backing onto a private ravine with no rear neighbours, 85 Letchworth Crescent is the kind of setting that rarely comes to market in North York. This rare detached sidesplit offers approximately 2,300 sq. ft. of above-grade living space and backs directly onto a serene ravine. There are no rear neighbours, just a lush canopy of mature trees that changes with every season. Imagine morning coffee with nothing but greenery in view, a few city homeowners ever get to enjoy.Inside, the versatile multi-level layout gives everyone room to breathe, with distinct living areas that adapt easily to growing families, work-from-home needs and busy schedules. The lower level is a self-contained suite with its own kitchen, bathroom and separate entrance, perfect for extended family, adult children, a caregiver, or rental income to help offset your mortgage.Step outside and the expansive backyard truly impresses. There is room for kids to play, gardens to grow and summer gatherings to host, plus exciting potential for a future garden suite (buyer to verify with the City of Toronto). This premium lot is also an outstanding canvas for anyone looking to renovate, expand or build the dream home they have always envisioned. An attached garage and a large private driveway provide plenty of parking for family and guests.The location delivers just as much. Set in a well-established, welcoming North York community, you are steps to the TTC and only minutes to Highways 400 and 401, Yorkdale Shopping Centre and Humber River Hospital, making commutes, shopping and daily errands effortless.Whether you are a family craving space and privacy, an investor seeking income and long-term upside, or a builder searching for the right lot, opportunities like this rarely come along. Come experience this beautiful ravine setting in person. Book your showing today!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,988
- Property tax
- $395
- Heat allowance
- $150
- Housing costs
- $6,533 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$201,000
gross annual household income
- Payment at 4%
- $4,923 / mo
- Cash down
- $233,960
Assumes no other monthly debts · 25-yr amortization
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