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Lawrence Park North, Toronto
$1,449,000
Fantastic location with everything a short walk from your front door in an executive location! Bright sunny corner lot on Glen Echo, steps to Yonge street and all amenities. Surrounded by luxury homes in a can't be beat area. Owner had plans approved for a two story house to be built, plans will be included in sale. Great opportunity for builders or renovators. Same owner since 1992, it is a bright and warm home, a little outdated and primed for modernization, could be a great family starter home with some upgrades in a great neighborhood. Downstairs basement apartment with separate entrance for extra income, guests or a family to co-live. Take off the roof and add a 2nd story or make it your families starter home in a dream neighborhood!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $7,103 |
| Lot Size | 24.53 ft x 90.54 ft |
| mls© Number | C13726732 |
| Listed By | REAL ESTATE HOMEWARD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,417
- Property tax
- $592
- Heat allowance
- $150
- Housing costs
- $8,159 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$251,000
gross annual household income
- Payment at 4%
- $6,098 / mo
- Cash down
- $289,800
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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