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Price Change$1

37 Newlin Crescent

Glenfield-Jane Heights, Toronto

$879,900

Semi-Detached |Bungalow
3 | 2 | 5
About this home

37 Newlin Crescent, TORONTO. Opportunity awaits at this charming home situated on a premium 30.03 x 125.35 ft lot backing directly onto the beautiful Downsview Dells ravine. Offering approximately 1,188 sq. ft. on the main level plus an additional 920 sq. ft. of finished basement space, this property provides plenty of room for growing families, investors, or those looking to create their dream home. The main floor bath tub has been converted to a step-in tub and includes grab bars. The basement bathroom has been converted to a roll-under sink and a roll-in shower with grab bars. The outdoor area has 2 Gas Lines for BBQ book up. Featuring 3 spacious bedrooms, 2 bathrooms, and a dedicated office, this home offers functional layout with endless potential. The finished basement adds valuable living space for recreation, work, or extended family use. A truly rare feature is the detached garage with its own separate basement/storage area, providing approximately 240 sq. ft. of additional space-ideal for hobbyists, contractors, storage, or workshop use. Surrounded by nature and backing onto the ravine, this property offers privacy and picturesque views rarely found in the city. While the home could benefit from some updating and TC, it boasts great bones and tremendous potential for renovation, customization, or future value growth. This lovely home is in a very nice neighbourhood. It is conveniently located close to schools, public transit, York University, community centres, libraries, shopping, places of worship, golf and conservation. Don't miss this incredible opportunity to own a ravine-lot property in a sought-after TORONTO AREA neighborhood. Sellers Makes No Representations Or Warranties on property & appliances. Flexible Closing Available. Ideal For Renovation Or Investment-Strong Potential In Established North Toronto Area neighbourhood. ONE OF THE SELLERS IS A (RREA).

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,051
Lot Size30.03 ft x 125.35 ft
mls© NumberW13483244
Listed BySPECTRUM REALTY SERVICES 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%
$4,504
Property tax
$338
Heat allowance
$150
Housing costs
$4,991 / mo

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

Down payment20% · $175,980
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,703 / mo
Cash down
$175,980

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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