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Listed 8 days ago

179 Bellamy Road N

Woburn, Toronto

$1,600,000

Detached|Sidesplit
7 | 3 | 6
About this home

What a glorious opportunity here!! Property has been subdivided with approvals for 2 lots and 2 homes to be built. Existing home is totally renovated in 2025 and turn key ready! Addresses are 179 and 181 Bellamy Road North. House is tenanted. Do not walk lot without appointment. Interior showings can be arranged. Home is being sold in as is condition. See all attachments for property information. Vacant possession is possible or tenants will stay if wanted.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,118
Lot Size81.25 ft x 165 ft
mls© NumberE13661984
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

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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%
$8,190
Property tax
$426
Heat allowance
$150
Housing costs
$8,766 / mo

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

Down payment20% · $320,000
25-yr amortization

Income needed

$270,000

gross annual household income

Payment at 4%
$6,733 / mo
Cash down
$320,000

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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