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Listed 5 months ago

7808 Yonge Street

Uplands, Vaughan

$1,388,000

Detached|1 1/2 Storey
3 | 1 | 6
About this home

Rare Opportunity for all Investors to own a PRIME Location on Yonge St with direct access from Old Yonge to Yonge. All Building Plans Available. The proposed site plan is to construct a 2 Storey, 2 Unit dwelling building, with 3 Designated parking spaces and a driveway connecting Yonge Street with Old Yonge Street. Dwelling Unit 1 will feature a total Gross floor area of over 3500 sq ft and 2 Interior Garage Spaces, 4 Bedrooms, 4 Washrooms and a 347.74 sq ft Deck. Dwelling Unit 2 will have a total Gross floor area of nearly 2000 sq ft and feature 3 Bedrooms and 2 Bath Units with a completely open concept main level. Also, a unique opportunity to construct your own Personal Dream Home. Surrounded by multiple Multi-Million dollar properties. Don't miss this chance!

Extras

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,213
Lot Size66 ft x 141 ft
mls© NumberN12938868
Listed ByPROPTECH 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%
$7,104
Property tax
$684
Heat allowance
$150
Housing costs
$7,939 / mo

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

Down payment20% · $277,600
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,841 / mo
Cash down
$277,600

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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