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New5 days ago

1226 Centre Street

Beverley Glen, Vaughan

$5,749,000

Detached|2-Storey
3 | 2 | 9
About this home

Attention Developers and Investors: We present to you a rare opportunity to acquire a highly sought-after property, ripe for redevelopment, in the rapidly evolving Thornhill corridor. This expansive 20,000 sqft lot spans 100 feet across Centre St and is ready to unlock its full potential. Situated central to the Greater Toronto Area with Promenade Mall, Hwy 407, Disera-Promenade BRT, Vaughan Metropolitan Centre, Rutherford GO Station, and York University all within a 10-minute radius, this piece of land undoubtedly fits the definition of Prime Real Estate!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,737
Lot Size100.03 ft x 198.64 ft
mls© NumberN13677542
Listed ByHAUSKEY 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%
$29,426
Property tax
$645
Heat allowance
$150
Housing costs
$30,221 / mo

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

Down payment20% · $1,149,800
25-yr amortization

Income needed

$930,000

gross annual household income

Payment at 4%
$24,193 / mo
Cash down
$1,149,800

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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