








361 Rathburn Road
Islington-City Centre West, Toronto
$899,900
OPPORTUNITY KNOCKS IN ETOBICOKE! Whether you're a builder, developer, investor, or buyer with a vision, this property offers plenty of possibilities and potential! Situated on a generous 45 x 122 ft lot, this older detached bungalow presents an excellent opportunity to renovate, reimagine, or build your custom dream home. For those with an eye on development, explore the potential for lot severance, redevelopment, or even a future land assembly, with several neighbouring properties featuring older bungalows along the same stretch. Offered at very competitive price, take advantage of this exciting opportunity and unlock the potential of this well-established Etobicoke location. Renovate it, rebuild it, or explore the possibilities - the next chapter is yours to create! Some photos have been virtually staged.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,126 |
| Lot Size | 45 ft x 122.5 ft |
| mls© Number | W14094616 |
| Listed By | REAL BROKER ONTARIO LTD. |
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%
- $4,606
- Property tax
- $427
- Heat allowance
- $150
- Housing costs
- $5,183 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
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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