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L'Amoreaux, Toronto
$1,999,000
PRIME OPPORTUNITY ON FINCH AVE EAST! LOCATION, LOCATION, LOCATION! Prime Lot Situated At Finch Avenue & Kennedy Road Next To The Petro Canada Gas Station! 60 Ft Lot Combined With The Abutting Lot For A Total Of 120 Ft Frontage! An exceptional opportunity for developers, builders, investors, and end users alike. This substantial corner property offers outstanding potential in a highly sought-after location, with the added advantage of being within walking distance of the future GO Station.With its generous lot size, prominent corner exposure, and strategic location, the property presents exciting possibilities for future development, subject to all applicable municipal approvals and requirements. Whether you are looking to build, invest, or secure a property with significant long-term potential, opportunities of this calibre are rarely available. Enjoy unparalleled convenience with easy access to shopping centres, schools, restaurants, public transit, major highways including the 401, 404, and 407, as well as the scenic and highly desirable Scarborough Bluffs. An exceptional location with tremendous present-day convenience and exciting future potential. Don't miss the opportunity to secure this rare corner property! This impressive property offers a rare combination of lot size, location, exposure, and future potential, making it an ideal opportunity for developers, builders, investors, and discerning end users. Situated within walking distance of the future GO Station, this property is positioned to benefit from significant improvements in transit connectivity and continued growth in the surrounding area. The possibilities are compelling, whether you are looking to explore future development, build, hold as a strategic investment, or create a custom residence.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,271 |
| Lot Size | 50.07 ft x 125.05 ft |
| mls© Number | E13806218 |
| Listed By | RE/MAX REALTRON REALTY INC. |
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%
- $10,232
- Property tax
- $439
- Heat allowance
- $150
- Housing costs
- $10,821 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$333,000
gross annual household income
- Payment at 4%
- $8,412 / mo
- Cash down
- $399,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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