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Humber Summit, Toronto
$1,999,888
ATTENTION INVESTORS, DEVELOPERS. Discover the potential of this fully renovated detached bungalow situated on an expansive premium double lot measuring [100 x 459] feet - a rare find offering exceptional redevelopment and investment possibilities. This versatile property features a bright and spacious main level with 3 generous bedrooms, plus a professionally finished basement apartment complete with its own separate entrance and an additional 3 bedrooms, creating an outstanding income-generating opportunity. Nestled near the scenic beauty of Rowntree Mills Park and the picturesque Humber River, this home combines tranquility with incredible future potential. Recent upgrades include a stylish new front porch railing and brand-new wood fencing completed in 2024. An exceptional opportunity for investors, builders, or families looking to secure a truly unique property.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,558 |
| Lot Size | 100 ft x 459.9 ft |
| mls© Number | W13146982 |
| Listed By | SAM MCDADI REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,236
- Property tax
- $463
- Heat allowance
- $150
- Housing costs
- $10,849 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$334,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $399,978
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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