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Wychwood, Toronto
$1,149,000
Skip the red tape and break ground at 60 Greensides Avenue. This isn't just a property; it's a fully prepped, development site in the heart of Wychwood-one of Toronto's most coveted, community-centric enclaves.The heavy lifting is done. With community adjustment approvals and plans already in hand, you save months of design fees, municipal approvals, and carrying costs. It's a Luxury Statement: A massive ~3,000 sq. ft. living space, 3-storey custom detached home. Think 9'6" ceilings, 4 bedrooms, 5 bathrooms, and potential for a 2-car garage with a laneway suite.Steps from Wychwood Barns and the city's best cafes, this is a "plug-and-play" opportunity for the savvy developer.Sold in "as-is, where-is" condition. While 60 Greensides Avenue is famously shovel-ready, it also offers a rare financial advantage for the strategic buyer. The existing structure currently features three fully self-contained units, providing a turnkey solution for immediate rental income. Whether you are coordinating your build team or waiting for the ideal market window to break ground, this "buy-and-hold" potential allows you to generate significant revenue to offset carrying costs. Secure your footprint in Wychwood today and enjoy a high-yield transition period until you are ready to execute the new building plans.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,319 |
| Lot Size | 20.01 ft x 104.42 ft |
| mls© Number | C13123508 |
| Listed By | HOMELIFE LANDMARK 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%
- $5,881
- Property tax
- $527
- Heat allowance
- $150
- Housing costs
- $6,558 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$202,000
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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