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Oakwood Village, Toronto
$849,000
A 'LOT' of potential! Builders, developers, investors, co-ownership or multi-generational families, bring your vision to this detached home with garage, situated on a rare 28 by 120 foot lot a mere 5 minute walk from the Oakwood LRT station. This unique property is currently configured as 4 separate units; with a 2-bedroom on the main floor, a 2-bedroom basement, 1-bedroom upstairs and a studio in the back. Take inspiration from the neighbouring developments currently under construction to rebuild, with up to six dwelling units currently permitted (subject to all necessary approvals), or re-configure and expand existing imprint to create something distinctly you. Conveniently situated between Eglinton West, currently enjoying a renaissance, trendy Oakwood Village and only a hop and a skip from rapid transit, the Allen, excellent schools, Cedarvale Ravine, libraries, pools, community centres and so much more. An incredible opportunity to own a large lot with enormous promise at an exceptional price. Estate sale, sold in 'as is where is' condition with no representations or warranties by estate or listing agent. Neither seller nor agent warrant retrofit status of home or accessory units.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,095 |
| Lot Size | 28 ft x 120.12 ft |
| mls© Number | C13865170 |
| Listed By | KELLER WILLIAMS PORTFOLIO REALTY |
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%
- $4,346
- Property tax
- $425
- Heat allowance
- $150
- Housing costs
- $4,920 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$151,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
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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