





47 Crosland Drive
Wexford-Maryvale, Toronto
$938,000
A fantastic investment opportunity situated on a rectangular-shaped lot in the highly sought-after Wexford-Maryvale community. The property offers excellent land value and strong income potential, currently generating approximately $5,200/month in total rental income.Featuring a functional layout with spacious principal rooms and a 3-bedroom basement, this property provides multiple possibilities for investors, extended family living, or future development potential. The rectangular lot offers a practical and versatile configuration, making it an attractive option for investors looking to hold, renovate, or explore future opportunities.Conveniently located close to excellent schools, parks, shopping, public transit, and major highways. A great opportunity to acquire a well-located income-producing property with solid long-term potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,517 |
| Lot Size | 42.8 ft x 116 ft |
| mls© Number | E13675256 |
| Listed By | KELLER WILLIAMS REFERRED URBAN REALTY |
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%
- $4,801
- Property tax
- $376
- Heat allowance
- $150
- Housing costs
- $5,328 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,947 / mo
- Cash down
- $187,600
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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