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Listed 2 months ago

464 Euclid Avenue

Palmerston-Little Italy, Toronto

$1,838,000

Semi-Detached |2-Storey
5 | 4 | 2
About this home

Prime Palmerston - Little Italy opportunity! Situated on a coveted tree-lined street in one of Toronto's most desirable central neighborhoods, this property offers flexibility and future potential. Currently used as a multi-unit residence, the large building envelope presents an outstanding opportunity for investors seeking income potential or discerning buyers looking to transform the existing structure into a sophisticated designer executive family home. Surrounded by beautiful renovated properties and just steps to the vibrant energy of College Street's renowned restaurants, cafes, boutiques, parks and transit, the location is second to none. A rare chance to secure a property in a neighbourhood where lifestyle, character and long-term value converge. Tenants are month-to-month. Make income while you design or request vacant possession.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,727
Lot Size21.93 ft x 130.79 ft
mls© NumberC13460440
Listed ByRoyal LePage Security 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%
$9,408
Property tax
$727
Heat allowance
$150
Housing costs
$10,285 / mo

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

Down payment20% · $367,600
25-yr amortization

Income needed

$316,000

gross annual household income

Payment at 4%
$7,735 / mo
Cash down
$367,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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