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New2 hours ago

1 Warland Avenue

East York, Toronto

$862,000

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

**Rare opportunity in the heart of East York. First time offered in decades, this cherished family home has been proudly owned by the same family since 1965. Situated on a 23.33 ft x 108 ft lot, this 2 storey detached home features 3 bedrooms, 1.5 baths and Detached Garage, a rare find in East York. *Separate side entrance with potential basement apartment. *Ideal for investors, builders or buyers with a vision to renovate, personalize and create their ideal home. Potential garden suite opportunity for additional rental income (Buyer to verify city requirements). Ideally located just minutes to Donlands Station, the DVP, The Danforth, parks, schools, shopping and everyday amenities. A rare opportunity to renovate, reimagine or build new in one of East York's most desirable neighbourhoods. Conceptual renders are provided to showcase the home's potential and design possibilities. **Property is being sold in "as is, where is" condition.

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Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,340
Lot Size23.33 ft x 108 ft
mls© NumberE13765530
Listed ByAvenue Group 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%
$4,412
Property tax
$445
Heat allowance
$150
Housing costs
$5,007 / mo

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

Down payment20% · $172,400
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,627 / mo
Cash down
$172,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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