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Listed 3 months ago

76 Poplar Plains Crescent

Casa Loma, Toronto

$3,300,000

Detached|2 1/2 Storey
4 | 5 | 2
About this home

Land value in prime South Hill. A spectacular lot measuring 44.62ft x104.9ft (slightly irregular as per survey), ready for you to build. Use existing committee of adjustment approval or apply for an updated project in line with Toronto's new commitment to increase density. Purchase of this lot requires the buyer to demolish the existing dwelling (at end of its useful life), which encroaches upon 78 Poplar Plains Crescent (vacant land). To preserve existing dwelling or build a larger estate, you can buy 76 and 78 Poplar Plains Crescent together (see MLS # C13101730) for $6,300,000. Seller may also consider selling 78 Poplar Plains Crescent (47.93ft x 104.9ft, irregular as per survey) solely and separately, for $3,300,000. W*A*R*N*I*N*G -- property is owner-occupied and a large dog is protective of its lands. For safety reasons, an appointment must be made before walking the lot.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$15,142
Lot Size44.62 ft x 104.9 ft
mls© NumberC13143828
Listed ByROYAL LEPAGE/J & D DIVISION

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$16,891
Property tax
$1,262
Heat allowance
$150
Housing costs
$18,303 / mo

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

Down payment20% · $660,000
25-yr amortization

Income needed

$563,000

gross annual household income

Payment at 4%
$13,887 / mo
Cash down
$660,000

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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