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Listed 1 month ago

10 Silverdale Crescent

Parkwoods-Donalda, Toronto

$1

Detached|Bungalow
3 | 4 | 14
About this home

Exceptional 0.89-Acre Development Opportunity In Prestigious North York. Rare 125 x 300 Ft Corner Lot (162 Ft Rear Width), Steps To Donalda Golf & Country Club, Offering Outstanding Frontage, Site Depth, And A Private Ravine Setting.An Ideal Opportunity For Builders, Developers, And Investors To Explore Multiple Residential Redevelopment Possibilities, Including Townhouse Or Low-Rise Residential Forms, Subject To Municipal Approvals, Rezoning, And All Required Due Diligence. The Property's Unique Configuration And Prime Location Present Significant Long-Term Upside In One Of North York's Most Established And Sought-After Neighbourhoods.The Existing Ranch-Style Bungalow Is Currently Leased, Providing Valuable Interim Holding Income While Future Development Plans Are Advanced. Conveniently Located Near TTC, Highway 401, The DVP, Shopping, Parks, Excellent Schools, And Fine Dining.A Rare Land Banking And Redevelopment Opportunity In A Premier Toronto Location.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$16,145
Lot Size125 ft x 300 ft
mls© NumberC13513856
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$0
Property tax
$1,345
Heat allowance
$150
Housing costs
$1,495 / mo

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

Down payment20% · $0
25-yr amortization

Income needed

$46,000

gross annual household income

Payment at 4%
$0 / mo
Cash down
$0

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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