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Listed 2 months ago

85 Letchworth Crescent

Downsview-Roding-CFB, Toronto

$1,149,000

Detached|Sidesplit
3 | 3 | 3
About this home

85 Letchworth Crescent is a rare detached sidesplit offering approximately 2,300 sq. ft. of above ground living space on a generous lot backing directly onto a private ravine setting. With no rear neighbours and mature greenery behind the property, this is the kind of privacy and natural backdrop that is increasingly difficult to find in the city.The spacious multi level layout provides exceptional flexibility for families of all sizes, while the lower level functions as a self contained suite with its own kitchen, bathroom, and separate entrance, creating excellent income potential or an ideal setup for multi generational living.The expansive backyard offers outstanding outdoor space and presents a compelling opportunity for a future garden suite. With rebuilds becoming increasingly common in the neighbourhood, this property also presents an excellent opportunity for those looking to renovate, expand, or build a custom dream home on a premium lot. There is also an attached garage and a large private driveway with ample parking for family and guests. Located in one of North York's most established and welcoming neighbourhoods, steps to TTC transit and minutes to Highways 400 and 401, Yorkdale Mall, and Humber River Hospital. Whether you are a family seeking space and privacy, an investor looking for rental income and future development potential, or a builder searching for the right lot, this property offers a unique opportunity in a highly desirable location.3D Matterport Tour Available Via Link.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$4,743
Lot Size52.5 ft x 113.33 ft
mls© NumberW13435898
Listed ByREAL ESTATE HOMEWARD

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%
$5,881
Property tax
$395
Heat allowance
$150
Housing costs
$6,426 / mo

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

Down payment20% · $229,800
25-yr amortization

Income needed

$198,000

gross annual household income

Payment at 4%
$4,835 / mo
Cash down
$229,800

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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