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78 Burndale Avenue

Lansing-Westgate, Toronto

$998,000

Detached|1 1/2 Storey
2 | 2 | 5
About this home

Welcome to 78 Burndale Ave - the lot your future self will thank you for grabbing. A premium 35' x 117' property on a quiet, tree-lined, dead end street surrounded by high-end custom homes in the highly desired Lansing pocket. The perfect combination of walkability and access while still enjoying tranquility in the heart of North York. This is where buyers come to secure land first and decide the plan second. The existing home is livable as-is, offering a rare opportunity to move in, rent out, or hold while you finalize your vision. Renovate, add on or build new - the flexibility here is what makes this property so valuable. Whether you're an end user looking to get into the neighbourhood and build equity over time, or an investor planning your next project, this is a strategic acquisition with multiple paths to win. The location checks every box: under a 5-minute walk to Sheppard-Yonge subway, steps to Yonge Street dining, shops, parks & entertainment, plus easy access to Hwy 401. Top-tier schools and unbeatable connectivity ensure consistent end-user and rental demand. North York continues to evolve - and properties like this are always at the centre of it. Buy it. Live in it. Rent it. Build it. Don't miss it.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$7,164
Lot Size35.04 ft x 117.81 ft
mls© NumberC13438248
Listed ByFOREST HILL REAL ESTATE INC.

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%
$5,108
Property tax
$597
Heat allowance
$150
Housing costs
$5,855 / mo

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

Down payment20% · $199,600
25-yr amortization

Income needed

$180,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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