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Listed 1 month ago

691 Conacher Drive

Newtonbrook East, Toronto

$1,499,000

Detached|2-Storey
4 | 3 | 4
About this home

Welcome to 691 Conacher Dr Where Location Meets Limitless Potential.This solid 4-bedroom, 3-bath detached home sits on a generous 55' x 133' corner lot (7,319 sq ft) in the heart of Newtonbrook East, one of Toronto's most prestigious and sought-after neighbourhoods - surrounded by multi-million dollar residences. this home is a rare canvas for first-time buyers, renovators, builders, and savvy investors looking to plant roots or unlock serious value in a blue-chip location.Ideally located close to parks, excellent schools, shopping and transit, with bus access to Finch Subway Station, this home offers an outstanding opportunity in a highly desirable community.this is a truly rare hold-and-build or renovate-and-profit opportunity in one of North York's most coveted pockets. Whether you're looking to move in and make it your own or develop for maximum return - 691 Conacher delivers the location, the lot, and the upside.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,253
Lot Size55.29 ft x 133.83 ft
mls© NumberC13474234
Listed ByRE/MAX HALLMARK REALTY 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%
$7,673
Property tax
$771
Heat allowance
$150
Housing costs
$8,594 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$264,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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