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New5 days ago

18 Heathcote Avenue

St. Andrew-Windfields, Toronto

$5,500,000

Detached|2-Storey
5 | 8 | 9
About this home

Custom-Built, Palatial & Stately Residence in the prestigious York Mills and Bayview Neighbourhood! ----This exceptional south-facing home is situated on a premium 75-foot lot on coveted Heathcote Avenue. Offering approximately 5,750 sq. ft. above grade plus a fully finished walkout basement-over 8,000 sq. ft. of total living space. ----- Beautifully appointed with outstanding attention to detail, sophisticated design, and high-end finishes throughout. The grand foyer opens to elegant living and formal dining areas, while the spacious family room and breakfast area flow seamlessly into the gourmet kitchen, complete with an oversized centre island and top-of-the-line appliances. Large windows overlook the beautifully landscaped and exceptionally private backyard oasis with an expansive deck and mature trees. The luxurious Master suite features a generously sized ensuite and walk-in closet. Four additional bedrooms with Ensuite bathrooms provide exceptional comfort and privacy for family and guests. The finished walkout basement is designed for entertaining and extended family living, featuring a spacious recreation room, wet bar, nanny suite, sauna, and wine cellar.An outstanding location within walking distance of Windfields Middle School and York Mills Collegiate, and close to Harrison Public School, Edwards Gardens, the Granite Club, and Post Road. A remarkable opportunity to enjoy luxurious family living in one of Toronto's most prestigious neighbourhoods!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size5000 + sq. ft.
Property Tax$32,923
Lot Size75 ft x 155 ft
mls© NumberC13674474
Listed ByRE/MAX ATRIUM HOME REALTY

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$28,151
Property tax
$2,744
Heat allowance
$150
Housing costs
$31,045 / mo

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

Down payment20% · $1,100,000
25-yr amortization

Income needed

$955,000

gross annual household income

Payment at 4%
$23,145 / mo
Cash down
$1,100,000

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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