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New7 days ago

200 Elmhurst Avenue

Lansing-Westgate, Toronto

$1,380,000

Detached|Bungalow
3 | 2 | 4
About this home

Rarely Offered South-Facing 50' x 118' Lot in Prime Willowdale West! An exceptional opportunity for builders, investors, and end-users looking to create their dream home in one of North York's most sought-after neighbourhoods. This well-maintained detached bungalow offers a spacious 3-bedroom, 2-bathroom main floor plus a fully finished 1-bedroom basement apartment with a separate side entrance, providing excellent rental income or multi-generational living potential while you plan your next move.The 50' x 118' south-facing lot offers an outstanding canvas for future redevelopment, making this property especially attractive to those looking to build new and customize a home to their own vision. Live comfortably, rent out the basement, or explore the significant redevelopment potential this premium lot offers.Ideally located just steps to Yonge & Sheppard, subway, top-ranked schools, parks, shopping, restaurants, offices, and Highway 401. A rare chance to secure a premium lot in Willowdale West with immediate income potential and endless possibilities for the future.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,993
Lot Size50 ft x 117.67 ft
mls© NumberC13697666
Listed ByCENTURY 21 LANDUNION 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%
$7,063
Property tax
$666
Heat allowance
$150
Housing costs
$7,880 / mo

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

Down payment20% · $276,000
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,807 / mo
Cash down
$276,000

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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