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Edenbridge-Humber Valley, Toronto
$3,988,800
A rare opportunity on one of Edenbridge-Humber Valley's most prestigious streets. 89 Valecrest Drive occupies an exceptional ravine lot surrounded by natural beauty, privacy and mature greenery. With virtually no undeveloped ravine lots remaining on Valecrest, this is one of the street's last few opportunities to create a truly remarkable custom residence. Build your dream home, renovate and transform the existing residence, or move in comfortably now and complete your plans over time. Whether envisioned as a sophisticated renovation or an architectural new build, this property offers extraordinary potential in an established luxury neighbourhood. An increasingly scarce ravine setting, a coveted address and endless possibilities-opportunities like this are rarely available on Valecrest Drive.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $15,082 |
| Lot Size | 50 ft x 228 ft |
| mls© Number | W13772156 |
| Listed By | RE/MAX PROFESSIONALS 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%
- $20,416
- Property tax
- $1,257
- Heat allowance
- $150
- Housing costs
- $21,823 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$671,000
gross annual household income
- Payment at 4%
- $16,786 / mo
- Cash down
- $797,760
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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