54 Southwell Drive
Banbury-Don Mills, Toronto
$1,650,000
Rare 70' Lot In The Prestigious Banbury Neighbourhood! An Exceptional Opportunity To Build Your Dream Home On A Premium Wide Lot In One Of Toronto's Most Sought-After Communities. The Existing Bungalow Offers The Flexibility To Move In, Renovate, Rent Out, Or Build New. Surrounded By Beautiful Custom Homes In A Mature And Established Neighbourhood. The Location Is A "10" - Top-Ranked Schools, Shops, Edward Gardens, TTC, Hwy 401 & DVP Are All Just Minutes Away. A Rare Opportunity For Builders, Investors, Or End Users Looking To Create Their Dream Home In An Outstanding Location!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $9,245 |
| Lot Size | 70 ft x 123 ft |
| mls© Number | C13679156 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
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%
- $8,445
- Property tax
- $770
- Heat allowance
- $150
- Housing costs
- $9,366 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$288,000
gross annual household income
- Payment at 4%
- $6,943 / mo
- Cash down
- $330,000
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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