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Listed 8 days ago

53 Twenty First Street

New Toronto, Toronto

$699,000

Detached|Bungalow
2 | 2 | 3
About this home

Lovingly maintained by the original owner since 1949, this charming solid brick bungalow offers an incredible blank canvas on a generous 33 x 119 ft. lot in highly sought-after South Etobicoke. Perfect for first-time buyers looking to renovate and move in, investors, or builders aiming to add a second storey or expand, this 2-bedroom, 2-bathroom home is packed with potential. Step inside to find a classic main-floor layout, great basement height ready for re-finishing, and a massive backyard ideal for outdoor living, a future garage or a future addition. Key updates include a Noritz tankless boiler/water heater (approx. 4 yrs) and roof (approx. 5-10 yrs), plus ample parking for 3 vehicles on your private driveway. Situated on a quiet, family-friendly street within walking distance to Lake Ontario, local shops, restaurants, cafes, parks, trails, Humber College, Lakeshore streetcar, and all of life's conveniences. This is a rare opportunity to transform a solid home in an unbeatable location into your dream vision. Notes: Pre-List inspection available. Some images have been virtually renovated and staged to illustrate the potential of this home; original unedited photos are also included. See it, Love it, Buy it.

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
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,059
Lot Size33 ft x 119 ft
mls© NumberW13611694
Listed ByRE/MAX PROFESSIONALS 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%
$3,578
Property tax
$338
Heat allowance
$150
Housing costs
$4,066 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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