132 Homewood Avenue
Newtonbrook West, Toronto
$1,298,000
Premium 50 x 132 Ft Lot with Endless Potential ------- Recently Renovated ----- Rental ready ---- Permit Ready to Demolish Now --- Welcome to this charming 3-bedroom home situated on a unique and highly sought-after location near Goulding Park. Recently renovated throughout, this property is move-in ready while offering incredible future development potential. Building Permit Ready Start your dream project immediately! Committee of Adjustment Approved Maximum building envelope already achieved. Flexible Options Rent out this beautiful home now, or move forward with redevelopment at your convenience. Enjoy a private backyard oasis and the tranquility of a quiet street with only local traffic. All amenities are at your doorstep parks, schools, Community Centres, shopping, and easy transit access. This is the perfect opportunity to invest, build, or live in a prime North York location!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,553 |
| Lot Size | 50 ft x 132 ft |
| mls© Number | C12456367 |
| Listed By | RE/MAX ATRIUM HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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%
- $6,644
- Property tax
- $546
- Heat allowance
- $150
- Housing costs
- $7,340 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$226,000
gross annual household income
- Payment at 4%
- $5,462 / mo
- Cash down
- $259,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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