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Listed 12 days ago

1 Warland Avenue

East York, Toronto

$899,900

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

**Rare opportunity in the heart of East York. First time offered in decades, this cherished family home has been proudly owned by the same family since 1965. Situated on a 23.33 ft x 108 ft lot, this 2 storey detached home features 3 bedrooms, 1.5 baths. Detached garage and private driveway, a rare find in East York. *Separate side entrance with potential basement apartment. *Ideal for investors, builders or buyers with a vision to renovate, personalize and create their ideal home. Potential garden suite opportunity for additional rental income (Buyer to verify city requirements). Ideally located just minutes to Donlands Station, the DVP, The Danforth, parks, schools, shopping and everyday amenities. A rare opportunity to renovate, reimagine or build new in one of East York's most desirable neighbourhoods. Conceptual renders are provided to showcase the home's potential and design possibilities. **Property is being sold in "as is, where is" condition.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,340
Lot Size23.33 ft x 108 ft
mls© NumberE13596568
Listed ByAvenue Group 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%
$4,606
Property tax
$445
Heat allowance
$150
Housing costs
$5,201 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

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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