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South Parkdale, Toronto
$1,369,999
A wonderful opportunity has arrived. First time in 70 years this fantastic detached property hits the market. This property includes Three self-contained units with 4 separate hydrometers; two units have ensuite laundry. original oak woodwork and stained glass windows and gleaming oak hardwood floors with original Victorian plate rails in some common rooms. The unfinished basement with its own meter is awaiting a savvy investor to make a two bedroom self-contained unit, high ceilings, spacious, large windows, the potential enormous. let's not forget about the large lot and detached garage with a potential auxiliary apartment. Did I mention the large backyard? Not only for the investor, this grand home can be converted back to a single-family home. Also, excellent direct transportation to Lakeshore Blvd. , Gardner Expressway, direct to downtown by streetcar or subway. Easy access to UpExpress, Go train. Schools, shops, High Park and Sunnyside Beach and St. Joseph Hospital.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,341 |
| Lot Size | 35 ft x 148 ft |
| mls© Number | W13779624 |
| Listed By | RE/MAX WEST REALTY 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%
- $7,012
- Property tax
- $695
- Heat allowance
- $150
- Housing costs
- $7,857 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$242,000
gross annual household income
- Payment at 4%
- $5,765 / mo
- Cash down
- $274,000
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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