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Listed 3 months ago

107 Otter Crescent

Bedford Park-Nortown, Toronto

$1,998,000

Detached|2-Storey
4 | 4 | 4
About this home

One-of-a-kind, thoughtfully crafted home in the prestigious Bathurst/Avenue Rd area. This unique property features 4+1 bedrooms, an oversized loft, and 4 bathrooms. The updated kitchen comes with two fridges and a heated granite countertop. The modern basement apartment with a separate entrance, finished in 2022, offers flexibility as an in-law suite, Airbnb rental, or guest unit. Approximately 50% of the home is a brand-new build, showcasing high-end finishes and upgrades, including water radiant heated flooring and high-performance insulating materials. The ground-level great room, currently used as an art studio, can be converted back into a two-car garage. Enjoy beautifully landscaped grounds with mature trees, a gazebo, and even a charming treehouse. The property has potential for office use (previously 361 Lawrence Ave W, Toronto). The lot size is effectively larger due to the inclusion of adjacent municipal land. Too many features to list, please refer to the detailed floor plans attached. Survey and building permits are available upon request. The property is in the district of the city's top-ranked schools: John Ross Robertson Junior Public School, Glenview Senior Public School, Lawrence Park Collegiate Institute, and the prestigious private girls' school, Havergal College. Situated in a family-friendly neighborhood just a short distance from Avenue Road, with easy access to parks, shopping, restaurants, three subway stations, main transportation hubs, and public transit. This is a must-see masterpiece with unmatched character and artistic flair!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$8,928
Lot Size33.08 ft x 100 ft
mls© NumberC13238888
Listed ByRIGHT AT HOME REALTY

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$10,227
Property tax
$744
Heat allowance
$150
Housing costs
$11,121 / mo

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

Down payment20% · $399,600
25-yr amortization

Income needed

$342,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

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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