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Listed 21 days ago

100 Wallasey Avenue

Humberlea-Pelmo Park W5, Toronto

$950,000

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Welcome to 100 Wallasey Avenue - A Rare Opportunity in Humberlea. Step into this beautifully updated detached 1.5-storey home, nestled on a generous 54 x 113 ft lot in one of Toronto's most sought-after communities. With over $70,000 in recent renovations, including a custom kitchen and new flooring on the main level, this property offers comfort, flexibility, and long-term potential. Features for End Users: 3 spacious bedrooms, 2 full bathrooms, Expansive sunroom filled with natural light, Finished basement for added living space, a 20x20 garage footing with 4 ft foundation-ready for future build, Private backyard with firepit and 4-cardriveway parking. Investor & Multi-Family Potential: This unique layout allows for easy conversion into a multi-family home with minimal updates. Live in one unit and rent the other, or rent both for strong cash flow. Builders & Visionaries: Surrounded by luxury homes, this is your chance to build a custom residence in a thriving, upscale neighbourhood. Prime Location Close to top-rated schools, major highways, public transit, parks, places of worship, and Crossroads Smart Centres-everything you need is within reach. This isn't just a listing-it's a launchpad. Whether you're buying to live, invest, or build, 100 Wallasey Ave delivers value, versatility, and vision. Come see it for yourself.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,700
Lot Size54.25 ft x 113.83 ft
mls© NumberW13566794
Listed ByRE/MAX EXPERTS

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%
$4,863
Property tax
$308
Heat allowance
$150
Housing costs
$5,321 / mo

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

Down payment20% · $190,000
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,998 / mo
Cash down
$190,000

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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