
40 Stanland Drive
Scarborough Village, Toronto
$749,000
ATTENTION BUILDERS, INVESTORS & VISIONARIES - YOUR NEXT OPPORTUNITY AWAITS IN SCARBOROUGH VILLAGE! Situated on a generous 45 x 101 ft. lot, this property offers an exciting opportunity to renovate, reimagine or build your custom dream home in one of Scarborough's established and highly desirable communities, subject to applicable municipal approvals.Whether you're a builder searching for your next project, an investor looking to add value, or an end-user ready to create a home tailored to your lifestyle, this property is packed with potential.Enjoy an excellent location surrounded by parks, schools, shopping, restaurants and everyday conveniences, with the beauty of the Scarborough Bluffs just minutes away. Steps to Mason Park and conveniently connected to TTC, GO Transit and major highways, making commuting throughout the city easy.45 x 101 FT. LOT. PRIME SCARBOROUGH LOCATION. ENDLESS POSSIBILITIES. Bring your plans, your vision and your creativity - opportunities like this are increasingly hard to find.Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building possibilities, intended use and all applicable municipal requirements.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,000 |
| Lot Size | 45 ft x 101 ft |
| mls© Number | E13721606 |
| Listed By | RE/MAX ULTIMATE REALTY INC. |
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%
- $3,834
- Property tax
- $333
- Heat allowance
- $150
- Housing costs
- $4,317 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$133,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
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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