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Oakwood Village, Toronto
$579,900
A fantastic opportunity to own a well-located, condo alternative in the heart of the city, with incredible potential for a full 4 storey build in family friendly thriving Humewood-Cedarvale community. Application approved by the city to construct a new four-storey detached dwelling with an integral garage, driveway with parking, a covered front porch, and a rear basement walkout with a rear deck. Architectural plans, Struc. Eng. drawings and City Zoning approvals are all completed and available. Ideal for commuters, it is perfectly positioned just minutes walk from St. Clair streetcar, the new LRT, Subway Station, with easy access to the Allen Expressway & 401. Close to scenic Cedarvale Ravine, Leo Baeck Day School, and J. R. Wilcox Community School, amenities, cafes, and restaurants along St. Clair and vibrant Oakwood, this location offers a balance of convenience, lifestyle and nature.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $4,065 |
| Lot Size | 13.83 ft x 110.5 ft |
| mls© Number | C13215766 |
| Listed By | Signature Elite Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,968
- Property tax
- $339
- Heat allowance
- $150
- Housing costs
- $3,457 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,440 / mo
- Cash down
- $115,980
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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