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New3 hours ago

391 Sutherland Drive

Leaside, Toronto

$1,349,900

Detached|2-Storey
3 | 1 | 2
About this home

Leaside Detached Opportunity!! Well located detached home in Prime South/Central Leaside, just steps to the new Laird LRT station. Perfect opportunity to put your personal stamp on this property, let your imagination turn this Leaside classic into your custom creation.The home is filled with original character, including classic crown mouldings and a warm wood burning fireplace in the living room. Enjoy the spacious formal living and dining room, ideal for entertaining and family celebrations. There's good height in the basement, and space to update and create extra living space. The furnace has been upgraded to an Indirect Hot Water Heater recently, along with drains from the house to city line. Ideally located in Central Leaside, an easy walk to numerous quality local schools.. Bessborough PS (JK-8), Northlea PS (JK-8 for French Immersion), Leaside HS, and St Anselm (JK-8, Catholic) and numerous other private options and preschools. The vibrant commercial areas of both Bayview Ave and Laird Drive just a short walk away....endless restaurants, local pubs, shops, and big box stores. A wide range of local amenities are a close by...Talbot Park, Trace Manes Park, Leaside library, Leaside Tennis Club & other public courts, Leaside Arena and Curling Club, Leaside Pool, and several access point to Serena Gundy/Sunnybrook Park and the expansive Toronto ravine system and trails. Downtown is minutes away via the TTC or Bayview Extension, the DVP just a few lights east, with quick access to both the 401 & Gardiner Expwy. Great opportunity for builders or those wanting to renovate to your personal tastes.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,272
Lot Size30 ft x 100 ft
mls© NumberC13728200
Listed ByROYAL LEPAGE TERREQUITY REALTY

Listing History

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  • 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%
$6,909
Property tax
$689
Heat allowance
$150
Housing costs
$7,749 / mo

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

Down payment20% · $269,980
25-yr amortization

Income needed

$238,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$269,980

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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