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Junction Area, Toronto
$1,198,000
Situated on a rare 40' x 162' oversized lot, this well-maintained 3+2 bedroom bungalow offers outstanding flexibility, income potential, and future value.The bright main floor features a functional layout with spacious living areas, while the finished basement with a separate side entrance and full kitchen provides an ideal setup for extended family, in-laws, or potential rental income. Private, fully fenced backyard-perfect for entertaining, children, pets, or simply enjoying your own outdoor retreat. The expansive lot offers endless possibilities for outdoor living, gardening, or future expansion (buyer to verify).Parking is a rare bonus, with a 4-car driveway plus a detached 2-car garage, providing space for up to 6 vehicles-ideal for families with multiple drivers, contractors. Waterproofed basement and furnace (2017). Solid investment on a premium oversized lot, this home checks all the boxes. Conveniently located close to schools, parks, shopping, public transit, major highways, and everyday amenities, it combines space, functionality, and long-term potential in one exceptional package.Don't miss this rare opportunity to own a property with exceptional versatility, abundant parking, and tremendous upside in Toronto.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,298 |
| Lot Size | 40 ft x 162 ft |
| mls© Number | W13591136 |
| Listed By | RE/MAX WEST 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%
- $6,132
- Property tax
- $358
- Heat allowance
- $150
- Housing costs
- $6,640 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$204,000
gross annual household income
- Payment at 4%
- $5,041 / mo
- Cash down
- $239,600
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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