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Listed 3 months ago

65 DAVID Drive

7301 - Meadowlands/St. Claire Gardens, Meadowlands - Crestview and Area

$780,000

Detached|Bungalow
3 | 2 | 6
About this home

Prime corner lot opportunity at 65 David Drive - an exceptional find for builders, developers, and investors alike! zoning R1FF, 80.5 ft by 93.5 ft. Possible severance. Previously rented $3200 per month. This solid bungalow offers incredible flexibility with a functional layout featuring 3 bedrooms on the main level, along with a fully finished basement complete with 2 additional bedrooms, 1 bathroom, and a second kitchen.With two kitchens and a layout that supports easy separation into two distinct units, this property presents strong potential for rental income, multi-generational living, or future redevelopment. The prominent corner lot enhances visibility, access, and long-term value.Whether you're looking to renovate, rent, or reimagine, this is a rare opportunity in a desirable location with endless possibilities. Steps from Algonquin College! | Fireplace and oil tank in basement in as-is condition | Some photos digitally rendered. | Recommend buyers to do their due diligence with confirming how many units can be built, photos are digitally rendered to give a general visual, not accurate**

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,587
Lot Size80.51 ft x 93.5 ft
mls© NumberX13454164
Listed ByROYAL LEPAGE INTEGRITY 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%
$3,992
Property tax
$382
Heat allowance
$150
Housing costs
$4,525 / mo

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

Down payment20% · $156,000
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,282 / mo
Cash down
$156,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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