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Long Branch, Toronto
$1,649,000
Situated In The Highly Desirable Long Branch Community, This Well-Maintained 3 Bedroom, 2 Bathroom Home Offers Approximately 2,100 Sq. Ft. Of Living Space And Sits On A Premium 50 X 125 Ft. Lot. A Unique Investment And Development Opportunity With A Registered Severance In Place To Create Two 25 Ft. Frontage Lots, Along With Approved And Paid Permits For One Custom Home On Each Lot, Municipally Addressed As 34 & 36 Fairfield Ave. An Excellent Opportunity For Investors, Builders Or End Users, Maintain The Existing Home As A Rental/Investment Property Or Take Advantage Of The Severance And Permits To Build Two New Custom Homes. Ideally Located In One Of Etobicoke's Most Sought-After Neighbourhoods, Close To Parks, Schools, Transit, The Waterfront And Everyday Amenities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $4,612 |
| Lot Size | 50 ft x 125 ft |
| mls© Number | W13682546 |
| Listed By | SALERNO REALTY INC. |
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%
- $8,440
- Property tax
- $384
- Heat allowance
- $150
- Housing costs
- $8,975 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$276,000
gross annual household income
- Payment at 4%
- $6,939 / mo
- Cash down
- $329,800
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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