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Listed 27 days ago

326 Cedarvale Avenue

Woodbine-Lumsden, Toronto

$879,000

Detached|2-Storey
3 | 1 | 3
About this home

Unlock the potential of this detached East York gem! Cherished by the same owners for three decades, this 2-storey home presents an exceptional opportunity to renovate, reimagine, and create something truly special. Situated on a quiet, one-way street, this detached home sits on a 25-foot lot and offers the ideal canvas for renovators, investors, end users, and growing families alike.Featuring 3+1 bedrooms, generous principal rooms, and a functional family layout, the home offers excellent bones and endless possibilities. Large east- and west-facing windows fill the interior with natural light, while the spacious room sizes provide flexibility for modern living. Whether you're looking to undertake a thoughtful renovation, create your forever home, or add value through strategic improvements, the opportunities here are abundant.The private driveway with parking is a rare and valuable feature, while the potential for a future garden suite (see attached analysis) further enhances the property's long-term appeal and versatility.Ideally located in one of East York's most sought-after neighbourhoods, just steps to schools, parks, Taylor Creek trails, public transit, the DVP, and the vibrant shops, cafes, and restaurants of the Danforth. A rare opportunity to secure a detached home in a prime location and bring your vision to life.Whether you're a first-time buyer looking to build equity, a growing family seeking more space, or an investor searching for your next project, 326 Cedarvale Avenue offers outstanding potential in an exceptional neighbourhood.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,856
Lot Size25 ft x 93.64 ft
mls© NumberE13539910
Listed ByRE/MAX HALLMARK 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%
$4,499
Property tax
$405
Heat allowance
$150
Housing costs
$5,054 / mo

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

Down payment20% · $175,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,699 / mo
Cash down
$175,800

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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