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Listed 5 months ago

1954 LENESTER Avenue

5201 - McKellar Heights/Glabar Park, McKellar Heights - Glabar Park and Area

$2,750,000

Detached|Bungalow
4 | 4 | 6
About this home

Welcome to 1954 Lenester, a MCM home where time slows down. This large custom bungalow, located on a premium lot, provides the perfect landing-from the curved driveway approach to the Palm Springs resort-like private yard.This is a home that needs to be experienced to appreciate the design and details of its original construction, alongside timely modifications to key areas that have enhanced functionality. The layout features a sunken living room, a grand dining room, a separate den, and a kitchen designed specifically for entertaining.The bedroom wing is tucked away for privacy, featuring a principal bedroom with an ensuite and double walk-in closets. In the basement, you will find ample space for a home gym, a theatre, and an additional bathroom. Outside, the pool, hot tub, and private garden areas showcase the true value of urban living; these amenities offer a retreat that saves you the need for a long cottage commute.If you are seeking a unique home that pairs a vintage feel with the updates necessary for modern living, 1954 Lenester is a must-see opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$13,790
Lot Size136.97 ft x 117.99 ft
mls© NumberX12977460
Listed ByROYAL LEPAGE PERFORMANCE MARLAND REALTY

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$14,076
Property tax
$1,149
Heat allowance
$150
Housing costs
$15,375 / mo

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

Down payment20% · $550,000
25-yr amortization

Income needed

$473,000

gross annual household income

Payment at 4%
$11,572 / mo
Cash down
$550,000

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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