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Humberlea-Pelmo Park W5, Toronto
$1,499,900
An exceptional opportunity to secure a truly unique property in one of Toronto's most picturesque settings. Situated on an impressive 100-foot frontage lot at the end of a quiet court, this raised bungalow offers breathtaking views overlooking the Humber River valley, surrounding ravine, and golf course. An outstanding opportunity for renovators, builders, investors, or end users looking to create their dream home, with potential lot severance and redevelopment possibilities (buyer to conduct their own due diligence).The existing home features a spacious and functional layout, including a main floor primary bedroom with a large walk-in closet (originally configured as a second bedroom), a full main bathroom, convenient powder room, and a bright kitchen with walkout to a large deck overlooking the spectacular natural setting. Ideally located close to transit, major highways, shopping, parks, schools, and everyday amenities, this is a rare chance to own an exceptional property with incredible potential in one of Toronto's most sought-after neighbourhoods.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,499 |
| Lot Size | 100.82 ft x 173.62 ft |
| mls© Number | W13562062 |
| Listed By | RE/MAX NOBLECORP REAL ESTATE |
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%
- $7,677
- Property tax
- $542
- Heat allowance
- $150
- Housing costs
- $8,369 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$258,000
gross annual household income
- Payment at 4%
- $6,312 / mo
- Cash down
- $299,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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