









2 Saint Marks Road
Lambton Baby Point, Toronto
$858,000
An opportunity with options- invest, live, hold or plan for the futture. Currectly tenated and being offered as-is, where-is, 2 Saint Marks Rd presents an increasingly hard to find opportunity i Toronto's desirable west end. Whether you're looking for an income-producing property to hold, a home you may eventually occupy yourself, or a unique piece of land for a future building propject, this property offers flexibility today and intriguing possibilibies for tommrow. The real story here is the land. Unlike a typical narrow Toronto property, this unique irregular L-shaped lot offers approximiatly 37.05 ft of combined street frontage (27.54'+9.51') and extends approximately 125 feet along its longest side. The additional portion of the L-shaped property is currently occupied by a second garage, creating a unusual configuration with potential for a creative buyer, builder or investor to explore. Keep the existing tenant and hold the property as an investment while considering your -longterm plans. Alternatively, a purchaser looking for a future home may choose to explore personal occupancy in accoradance with appplicable tenancy requirements, while retaining the opportunuty to consider a larger renovation, new build or redevelopment down the road. For builders and design-minded buyers, the combination of approx 37' street frontage, substantial depth and the distinctive L-shaped configuration is particularly compelling. It is the kind of property that invites you to think beyond the existing house and consider how the site might ultimately be used. And then there is the location. Situated at the edsge of the sought-after Baby Point Area, St. Marks offers the feel of an Established residential neighbourhood while keeping you connected to some of the west end's most popular communities. Enjoy easy access to the shops, cafes, restuarants and everyday conveniences along Jane and Annette, with Bloor West Village nearby. The amount of green space for an urban location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,422 |
| Lot Size | 27.5 ft x 125 ft |
| mls© Number | W13688562 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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%
- $4,392
- Property tax
- $535
- Heat allowance
- $150
- Housing costs
- $5,077 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,611 / mo
- Cash down
- $171,600
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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