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New1 day ago

99 Harlandale Avenue

Lansing-Westgate, Toronto

$1,398,000

Detached|Bungalow
4 | 3 | 3
About this home

Welcome to 99 Harlandale Ave, ideally situated in the heart of North York's highly sought after Lansing Westgate community. This solid bungalow sits on a generous 50 x 117.66 ft lot, surrounded by multi million dollar custom homes, making it an excellent opportunity for homeowners, investors, or those exploring future redevelopment. The home features a practical and functional layout with plenty of natural light throughout. A walkout with deck provides direct access to the private backyard, creating an inviting space for outdoor enjoyment and entertaining. The flexible interior offers plenty of potential to customize the home to suit a variety of lifestyles. Main floor includes a washer&dryer and basement has its own washer&dryer. The finished basement features two bachelor units, offering excellent potential for additional living space or rental income. Enjoy the convenience of a quiet residential street while remaining just minutes from Yonge Street, subway access, Highway 401, parks, schools, shopping, and a wide variety of restaurants and amenities. For investors, the property offers attractive rental income. The main level currently generates $3,570/month in rent, with the two basement bachelor units offering potential rental income of approximately $1,500/month each, for a potential total rental income of approximately $6,570/month or $78,840 annually. With conventional mortgage, this property is cashflow positive. 4.35% or higher potential CAP rate based on projected rental income. Whether you're looking to move in, generate rental income, or explore future redevelopment possibilities, 99 Harlandale Ave offers an exceptional opportunity in one of North York's most desirable neighbourhoods. Potential redevelopment subject to municipal approvals.

Extras

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Open houses

  • Sat, Sep 5

    1:00 PM – 3:00 PM

  • Sun, Sep 6

    1:00 PM – 3:00 PM

  • Sat, Sep 12

    1:00 PM – 3:00 PM

  • Sun, Sep 13

    1:00 PM – 3:00 PM

Or pick a time that works for you.

Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,737
Lot Size50.06 ft x 117.82 ft
mls© NumberC13726782
Listed ByHOMELIFE FRONTIER 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%
$7,156
Property tax
$645
Heat allowance
$150
Housing costs
$7,950 / mo

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

Down payment20% · $279,600
25-yr amortization

Income needed

$245,000

gross annual household income

Payment at 4%
$5,883 / mo
Cash down
$279,600

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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