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Bayview Village, Toronto
$1,499,999
Unique opportunity in desirable Bayview Village! This prime 62 x 118 ft corner lot is a fantastic opportunity to invest, renovate, or build new. Surrounded by multi-million dollar homes and top-rated schools, this well-maintained 3+2 bedroom bungalow with attached 2-car garage offers exceptional value for a variety of buyer needs. Ideally situated within the proposed Major Transit Station Area (MTSA) zoning at Bayview Station, offering exceptional future development potential with permissions for building up to 4 storeys and a height of 13 metres. Located within the highly sought-after Earl Haig Secondary School district, this home offers over 1,600 sq. ft. on a single level with a bright and welcoming layout. The inviting living room features a cozy fireplace and a large picture window overlooking the front yard. A dedicated dining area flows seamlessly into the spacious eat-in kitchen. Generous-sized bedrooms provide abundant natural light and ample closet space. With a separate entrance, the bright, fully finished basement with 2 bedrooms, large recreation area and above-grade windows, provides an additional 1,600 sq ft of comfortable living space. An excellent opportunity for rental income or multi-generational living. An unbeatable location just minutes to the Bayview TTC subway station, Highway 401, and a wealth of nearby amenities. Just steps to Bayview Village Shopping Centre, Loblaws, LCBO, public library, parks, schools, Bayview Village Tennis Club, Elkhorn Public School, St. Gabriel Catholic School and Church, Bayview Middle School, restaurants, shops, and much more.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $10,301 |
| Lot Size | 62 ft x 118 ft |
| mls© Number | C13473252 |
| Listed By | OULAHEN TEAM REALTY 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%
- $7,678
- Property tax
- $858
- Heat allowance
- $150
- Housing costs
- $8,686 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$267,000
gross annual household income
- Payment at 4%
- $6,312 / mo
- Cash down
- $300,000
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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