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Listed 12 days ago

256 Torresdale Avenue

Westminster-Branson, Toronto

$1,599,000

Detached|Backsplit 5
4 | 4 | 6
About this home

Welcome to 256 Torresdale Ave, an extraordinarily versatile residence situated on a prime 50' x 120' lot. Boasting 8 massive bedrooms, 4 fully renovated high-end bathrooms, and endless functional living space, this home is engineered for modern multi-family living or incredible rental income potential. Step into a grand main level featuring a large foyer with double closet, high-end hardwood flooring, crown molding, pot lights, and abundant natural light. The heart of the home is a custom chef's kitchen equipped with sleek quartz countertops, two full-sized fridges, two sinks, two dishwashers, an abundance of cabinet storage, and a sunny breakfast area with direct walk-out to a private wood deck. The second level offers an expansive primary retreat complete with custom his-and-hers closets and a spa-like ensuite featuring a custom corner shower, wall-hung vanity, and designer tile. Generous 2nd and 3rd bedrooms share a gorgeous 4-piece bath with a bench shower niche and rain showerhead. Exceptional layout flexibility continues on the ground level, which features a private side entrance, a new 2-piece bath with gold accents, a 4th bedroom, and an oversized family room with sliding doors stepping out to a wrap-around stone patio with a pergola and gas BBQ hookup. The lower levels house a complete 2nd full kitchen, a dedicated office or fitness space, 4 additional spacious bedrooms, and a brand-new modern 3-piece bathroom! Brand-new roof, new double garage door, new deck, oversized driveway, interlocked walkway, LG stackable laundry, new sod, and tons of storage throughout. Prime location close to top schools, transit, and amenities. This home is ready for yo to MOVE RIGHT IN!!

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,523
Lot Size50 ft x 120 ft
mls© NumberC13600778
Listed BySUTTON GROUP-ADMIRAL REALTY 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%
$8,184
Property tax
$544
Heat allowance
$150
Housing costs
$8,878 / mo

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

Down payment20% · $319,800
25-yr amortization

Income needed

$273,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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