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New2 hours ago

45 Eaton Avenue

Danforth, Toronto

$1,079,000

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

EXCEPTIONAL OPPORTUNITY AND LOCATION AT PAPE & DANFORTH! A PRIME LOCATION with PARKING situated on an impressive 20 x 123 ft lot (), this detached property offers outstanding potential for builders, investors, renovators and end-users looking to secure a foothold in this coveted east-end community. A unique combination of lot size, wide laneway access and parking for two (2) vehicles via Gertrude Place creates exciting possibilities. Explore the potential to renovate, expand, rebuild or investigate a MULTIPLEX, ADU, future garden or laneway suite, subject to municipal approvals. The existing 3-bedroom home offers a two-storey layout, spacious principal room, an eat-in kitchen with walkout to the yard, and a partially finished basement with walk-up access. Unbeatable location just steps to the Danforth's celebrated restaurants, cafés, shops, parks and everyday conveniences. Close to Pape Subway Station, the future Ontario Line, schools and all that this dynamic neighbourhood has to offer. ENDLESS POSSIBILITIES. An outstanding opportunity to invest in the future of a truly exceptional Toronto neighbourhood. Property being sold in as-is, where-is condition.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$6,696
Lot Size20 ft x 123.5 ft
mls© NumberE14167870
Listed ByROYAL LEPAGE SIGNATURE 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%
$5,523
Property tax
$558
Heat allowance
$150
Housing costs
$6,231 / mo

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

Down payment20% · $215,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,541 / mo
Cash down
$215,800

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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