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Downsview-Roding-CFB, Toronto
$895,000
Premium 50 x 127 lot! Your opportunity to be a part of one of the largest urban redevelopment projects in North America! Currently a 1-1/2 storey family home that was lovingly maintained for over 60 years! Many homes in the pocket have been redeveloped, attracting new families/kids. This is your chance to build your custom home on this quiet street steps to Keele and minutes to the 401. Planned local amenities include 100 acres of new parks and green corridors, including a vehicle-free pedestrian promenade with restaurants/patios, cafes, skating trails, community markets, bike trails, and a grand community centre with an indoor pool, running track, fitness studios and more. New daycare facilities and a major library renovation will also benefit families. Convenient transit options include proposed bus route enhancements, as well as being minutes to Downsview Park Station, connecting you to Vaughan or Toronto Union via TTC, or to the Metrolinx GO (Barrie line) which gets you downtown to Union Station in 19 mins. Get ahead of all of this upcoming change by building now!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,313 |
| Lot Size | 50.04 ft x 127 ft |
| mls© Number | W13421314 |
| Listed By | ROYAL LEPAGE TERREQUITY PLATINUM 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%
- $4,581
- Property tax
- $359
- Heat allowance
- $150
- Housing costs
- $5,090 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,766 / mo
- Cash down
- $179,000
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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