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Listed 5 months ago

106 Johnston Avenue

Lansing-Westgate, Toronto

$1,700,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Steps to Yonge Street! Rare Opportunity in Prime Location Welcome to an unparalleled real estate opportunity in one of Toronto's most sought-after neighborhood's - just steps from Yonge & Sheppard! This expansive bungalow is the perfect canvas for homeowners, investors, contractors, or builders looking to customize, renovate, or rebuild. Situated on a generously sized lot, expansion, outdoor living, and creative redesign single home. The property boasts a renovated kitchen with a pantry that overlooks a bright and inviting main floor family room - complete with a walkout to a sunny backyard deck, perfect for relaxing or entertaining. Inside, you'll find generous living and dining rooms with gleaming hardwood floors, plus a separate entrance for added flexibility - ideal for an in-law suite or rental potential. Enjoy unmatched convenience with proximity to top-rated schools, parks, green spaces, places of worship, major highways, and public transit - including the subway just minutes away. Whether you're looking to move in, renovate, or build new, this property is a rare find in an unbeatable location. The spacious lot provides ample room for outdoor recreation, gardening, or future development, making this home a true urban oasis.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$9,125
Lot Size50 ft x 130 ft
mls© NumberC12874086
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$8,701
Property tax
$760
Heat allowance
$150
Housing costs
$9,612 / mo

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

Down payment20% · $340,000
25-yr amortization

Income needed

$296,000

gross annual household income

Payment at 4%
$7,154 / mo
Cash down
$340,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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