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Price Change$1,499,000

104 Otonabee Avenue

Newtonbrook East, Toronto

$1,658,000

Detached|2-Storey
4 | 3 | 6
About this home

Rare Opportunity on One of the Most Desirable Streets in Newtonbrook East! Beautifully Maintained and Newly Renovated 2-Storey Home Situated on a Premium 63 x 122 Ft Builder's Dream Lot on a Quiet, Tree-Lined, Family-Friendly Street. This Bright and Spacious Home Features 2,600 Sqft of Living Space (1,800 Sqft Above Grade and 800 Sqft Finished Basement). 4 Generous Bedrooms and Extensive Recent Upgrades, Including Fresh Designer Paint, Smooth Ceilings, Pot Lights, Luxury Vinyl Flooring Throughout the Main & Second Floors, and a Stunning New Hardwood Staircase With Metal Pickets. The Finished Basement with Separate Entrance, Kitchen, and Large Recreation Area Offers Excellent Potential for an In-Law Suite or Additional Rental Income. Enjoy a Sunny, Open Front & Backyard with No Large Trees (Best For Future Development), Plus a Spacious Deck Perfect for Outdoor Entertaining, Family Gatherings, or Relaxing. Spacious South Exposure Driveway Can Park 5 Cars. Just Steps to Yonge St, TTC, Schools, Parks, Tennis Courts, Shopping, Restaurants, GO Transit, and Convenient Access to Hwy 401 & 404. Move-In Ready with Flexible Closing. An Exceptional Opportunity for Families, Investors, or Those Looking to Build Their Dream Home in One of North York's Most Sought-After Neighbourhoods. Must See!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,387
Lot Size63 ft x 122.5 ft
mls© NumberC13516192
Listed ByFOREST HILL REAL ESTATE 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%
$8,486
Property tax
$699
Heat allowance
$150
Housing costs
$9,335 / mo

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

Down payment20% · $331,600
25-yr amortization

Income needed

$287,000

gross annual household income

Payment at 4%
$6,977 / mo
Cash down
$331,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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