228 Hollywood Avenue
Willowdale East, Toronto
$1,508,000
Prime Willowdale East redevelopment opportunity or investment! Well-maintained 1 1/2 storey home featuring a spectacular family room addition with high ceilings, gas fireplace, and walk-out to a patio. Prime 45' x 131' lot surrounded by multi-million dollar luxury custom homes. Features 4+1 bedrooms, finished basement with separate entrance, updated stucco exterior, 100-amp breakers, and a private driveway with detached garage. Live in, rent out, or plan your dream home in one of Toronto's most desirable neighborhoods. Steps to top-ranked Earl Haig SS, Hollywood PS, TTC/Subway bus, Bayview Village, and Hwy 401. Property and all chattels/fixtures sold in "As Is, Where Is" condition.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $10,865 |
| Lot Size | 45 ft x 131 ft |
| mls© Number | C13678216 |
| 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%
- $7,719
- Property tax
- $905
- Heat allowance
- $150
- Housing costs
- $8,774 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$270,000
gross annual household income
- Payment at 4%
- $6,346 / mo
- Cash down
- $301,600
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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