






23 Brussels Street
Stonegate-Queensway, Toronto
$2,399,900
Attention builders, developers and investors! Welcome to 23 Brussels Street, a spacious Etobicoke property situated on a wide, generous lot with excellent investment and redevelopment potential. The existing home features 6 bedrooms, 2 kitchens, 2 washrooms, a newly renovated high-ceiling basement with separate entrance, a 2-car garage and private driveway parking for up to 6 vehicles. The basement unit was previously leased to a licensed daycare operator, offering additional flexibility for future use. The large lot presents an excellent opportunity to renovate, hold, generate rental income, or explore multiplex and garden suite development, subject to applicable zoning, building regulations and City of Toronto approvals. Conveniently located close to schools, parks, shopping, restaurants, movie theatres, TTC, major highways, downtown Toronto and everyday amenities. Don't miss this rare opportunity to secure a property with space, income potential and exciting future redevelopment possibilities in a desirable Etobicoke location.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,240 |
| Lot Size | 54 ft x 100 ft |
| mls© Number | W13696624 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $12,284
- Property tax
- $520
- Heat allowance
- $150
- Housing costs
- $12,954 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$399,000
gross annual household income
- Payment at 4%
- $10,099 / mo
- Cash down
- $479,980
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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