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Islington-City Centre West, Toronto
$1,149,000
Rare Builder And Investor Opportunity In The Heart Of Highly Sought-After Islington-City Centre West. Set On An Expansive 50.52 X 161.65 Ft Lot, This Premium Property Offers Exceptional Severance And Redevelopment Potential, With The Opportunity To Explore Two Luxury Custom Detached Residences, Subject To Municipal Approvals. With Evolving Provincial And Municipal Policies Supporting Increased Density, The Property Offers Multiple Possibilities To Explore Severance, Multi-Unit Development Or The Creation Of A Spectacular Custom Home.Surrounded By Mature Tree-Lined Streets And Multi-Million-Dollar Homes, This Is A Rare Opportunity To Secure A Substantial Lot In A Premier Etobicoke Pocket With Significant Long-Term Potential. Ideally Positioned To Benefit From The Ongoing Transformation Of The Bloor-Kipling Precinct, Including The 18-Acre Six Points Revitalization And Future Etobicoke Civic Centre, Bringing New Community, Recreation, Library And Public Amenities To The Area.Enjoy A Highly Connected And Walkable Lifestyle With Top Schools, Parks, Walking Trails, Shopping, Cafés And Restaurants Along Bloor Street West. Kipling Station Offers TTC Subway, GO Transit And MiWay Connections, With Convenient Access To Highway 427, The QEW And Gardiner Expressway.An Exceptional Opportunity To Create A Premium Custom-Home Or Redevelopment Project In A Thriving Etobicoke Neighbourhood Positioned For Continued Growth And Transformation, Subject To Municipal Approvals.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,429 |
| Lot Size | 50.52 ft x 161.65 ft |
| mls© Number | W13787968 |
| Listed By | RE/MAX REALTY SERVICES 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%
- $5,881
- Property tax
- $452
- Heat allowance
- $150
- Housing costs
- $6,484 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,835 / mo
- Cash down
- $229,800
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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