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New2 hours ago

29 Thelma Avenue

Forest Hill South, Toronto

$1,599,900

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

Located in the heart of prestigious Forest Hill, this exceptional property comes with approved building permits to construct a breathtaking three-storey residence offering over 4,400 sq. ft. of luxurious living space. Thoughtfully designed architectural plans maximize space and natural light, creating the perfect blend of modern luxury and sophisticated design. A rare opportunity to bring an extraordinary vision to life in one of Toronto's most sought-after neighbourhoods. **EXTRAS** Photos are 3D renderings and are for illustration purposes only.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,612
Lot Size25 ft x 106 ft
mls© NumberC13728502
Listed ByREAL ESTATE ADVISORS INC.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$8,189
Property tax
$718
Heat allowance
$150
Housing costs
$9,057 / mo

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

Down payment20% · $319,980
25-yr amortization

Income needed

$279,000

gross annual household income

Payment at 4%
$6,733 / mo
Cash down
$319,980

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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