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Listed 28 days ago

2 Ladysbridge Drive

Morningside, Toronto

$899,000

Detached|Backsplit 3
3 | 3 | 4
About this home

Situated on a premium 125 ft x 50 ft corner lot in the desirable Morningside neighborhood, this home combines modern design. Fully renovated in 2025, the bright, open-concept layout is enhanced by vaulted ceilings and large windows that fill the space with natural light. The stunning kitchen is a focal point, featuring a breakfast bar, stainless steel appliances, quartz countertops, and a skylight. Elegant pot lights and a sleek glass-railing staircase lead to three generously sized bedrooms. Ensuite Washroom added to the Master Bedroom in 2025 for added privacy. The property also includes a separate entrance to a beautifully updated 1-bedroom, 1-bathroom basement apartment, complete with a full kitchen, excellent income potential, previously tenanted. NEW ROOF 2024 DEC. Tankless Water Heater installed in 2025 ($4500), KENT Drinking water purifier ($1800), Brand New Furniture is included (Centre table, Dining Table with 4 chairs, 4 wardrobe closets, 1 study table, and 1 King Size Bed (Master bedroom), 1 Queen Size bed (Basement), all furniture worth $12,000. The property features a professionally renovated asphalt driveway (2026), with approximately $5,650 invested in the upgrade, enhancing both curb appeal and functionality.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,706
Lot Size125 ft x 50 ft
mls© NumberE13535102
Listed ByPINNACLE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,601
Property tax
$309
Heat allowance
$150
Housing costs
$5,060 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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