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Listed 2 months ago

263 Oak Park Avenue

Woodbine-Lumsden, Toronto

$2,149,000

Detached|2-Storey
4 | 3 | 10
About this home

Rare opportunity to own a fully legal triplex situated on a large private lot in a highly desirable family-friendly location. This versatile property features a spacious detached 4-car garage, offering ample parking, storage, or workshop potential. Enjoy scenic views from the second floor deck overlooking mature trees & greenspace, creating a peaceful retreat right at home. Located directly beside a park and within walking distance of the local conservation area trails, this property offers outstanding access to nature and outdoor recreation. Families and tenants alike will appreciate the convenience of nearby schools, the local hockey & curling arenas, parks and recreational facilities - all just steps from the front door. With excellent amenities, abundant parking, and strong income potential, this is a unique investment and lifestyle opportunity. Current owners occupy first & second floor & upper unit rented.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,104
Lot Size38 ft x 134 ft
mls© NumberE13420982
Listed ByRE/MAX ROUGE RIVER 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%
$11,000
Property tax
$592
Heat allowance
$150
Housing costs
$11,742 / mo

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

Down payment20% · $429,800
25-yr amortization

Income needed

$361,000

gross annual household income

Payment at 4%
$9,043 / mo
Cash down
$429,800

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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