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Willowdale East, Toronto
$1,500,000
Attention Builders, Developers & Investors! An exceptional opportunity awaits on this impressive 80 x 100 ft lot, featuring 80 ft of frontage. Enjoy the benefit of established rental income while exploring the property's future potential. Explore the possibilities of a custom-built luxury residence, potential lot severance or multiplex development, subject to applicable zoning regulations, site requirements, and municipal approvals. The property is being sold in As Is Where Is condition. The Seller and Listing Brokerage make no representations or warranties regarding the retrofit status of the basement unit. Note: Some listing photos have been digitally enhanced using AI for illustrative purposes.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 700-1100 sq. ft. |
| Property Tax | $12,384 |
| Lot Size | 80 ft x 100 ft |
| mls© Number | C14141754 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $7,678
- Property tax
- $1,032
- Heat allowance
- $150
- Housing costs
- $8,860 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$273,000
gross annual household income
- Payment at 4%
- $6,312 / mo
- Cash down
- $300,000
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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