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New15 hours ago

233 Robina Avenue

Oakwood Village, Toronto

$1,088,000

Detached|2-Storey
0 | 0 | 1
About this home

**Great Opportunity for Builders, Investors, or First-Time Home Buyers to Create Their Dream Home!** This property offers endless possibilities-renovate, redesign, or build new in prime **Oakwood Village, north of St. Clair**. Surrounded by beautiful, cohesive architecture, this sought-after neighbourhood offers excellent long-term potential.Enjoy a welcoming community just steps to **Wychwood Barns, Farmers' Market, parks, excellent schools, public transit, restaurants, and Corso Italia**, with its vibrant food, culture, and music.**Excellent Development Potential:** A permit has been obtained for a **two-storey, three-bedroom home**, along with approval to **increase the basement height**. Buyers are advised to conduct their own due diligence regarding the existing permits, zoning, renovation/redevelopment potential, and all applicable municipal requirements.The existing home requires substantial renovation and may also be suitable for redevelopment or rebuilding. Property is being sold in its current condition on an **"as-is, where-is" basis**.**Front Pad Parking - Annual Fee: $301.63.** Virtually Designed Image - For Illustration Purposes Only.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,751
Lot Size16.25 ft x 105.5 ft
mls© NumberC13689574
Listed ByRE/MAX REALTRON ELI BAKHTIARI TEAM REALTY

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%
$5,569
Property tax
$396
Heat allowance
$150
Housing costs
$6,115 / mo

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

Down payment20% · $217,600
25-yr amortization

Income needed

$188,000

gross annual household income

Payment at 4%
$4,578 / mo
Cash down
$217,600

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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