223 Elmwood Avenue
Willowdale East, Toronto
$1,449,000
Attention Builders & Investors: Endless Possibilities! Prime Detached Investment Lot in Highly Sought after Willowdale East, surrounded by Multi-Million Dollar Luxury Estate Homes in North York's finest neighbourhood! Welcome to 223 Elmwood Avenue, this 42x131.50 Ft Building Lot is ideal potential for your own Custom Home on a Deep & Private Lot or a Fantastic Investment Rental Income Property. Extra Parking Space. Close to Top Ranked Schools: Hollywood P.S, Bayview M.S, & Earl Haig S.S! Also conveniently located within walking distance to banks & pharmacies (Bayview Village, Sheppard & Longmore), Restaurants (Bayview Village, Sheppard & Willowdale) & bus stop at Elmwood & Willowdale. Steps Away from Subway, Retail Shops, Parks, Professional Office, TTC, Community Centre & Entertainment! Mins To Hospital, Hwy 401 & 404
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $9,484 |
| Lot Size | 42 ft x 131.5 ft |
| mls© Number | C13683586 |
| Listed By | HOMELIFE FRONTIER 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%
- $7,417
- Property tax
- $790
- Heat allowance
- $150
- Housing costs
- $8,357 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$257,000
gross annual household income
- Payment at 4%
- $6,098 / mo
- Cash down
- $289,800
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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