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New4 days ago

330 Horsham Avenue

Willowdale West, Toronto

$1,299,000

Detached|2-Storey
3 | 2 | 3
About this home

***Wow, Willowdale 50x132 Ft. Prime Location Building Lot-Strong Land Value, Perfect Opportunity for Builders and Developers. Bring Your Plans-This Spot won't Last. High-Value Lot In a Sought-after Area. Build The Home Of Your Dreams In An Established Neighborhood. Benefit From The Excellent Location With Easy Access To Schools, Parks, Transit, Shopping, and Major Highways. Buyers & Buyer's Agent To Verify All Details, Measurements, Property Taxes, and Zoning With The City. Property Sold As Land Value Only.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$6,860
Lot Size50 ft x 132 ft
mls© NumberC13704218
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

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  • 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%
$6,649
Property tax
$572
Heat allowance
$150
Housing costs
$7,371 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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