278 Avenue Road
Casa Loma, Toronto
$1,499,000
PRIME RATHNELLY LOCATION | RESIDENTIAL & COMMERCIAL ZONING | EXCEPTIONAL POTENTIAL Attention Developers, Investors & Entrepreneurs! This full three-storey brick semi-detached property offers residential and commercial zoning along this stretch of Avenue Road, presenting exciting possibilities for redevelopment, renovation, investment or a customized live/work concept. Ideally situated within walking distance of Summerhill, Yorkville and Yonge & Bloor, with convenient TTC access and approximately a 10-minute walk to Summerhill or Dupont subway stations. Just minutes from Toronto's downtown core, this is an opportunity to secure a versatile property in an established and highly desirable neighbourhood. SOLD AS IS, WHERE IS. PRICED TO SELL! Bring your vision and unlock the potential.
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| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $19,706 |
| Lot Size | 20.25 ft x 120.79 ft |
| mls© Number | C14118358 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $7,673
- Property tax
- $1,642
- Heat allowance
- $150
- Housing costs
- $9,465 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$291,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
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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