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New1 hour ago

4 Ivy Lea Crescent

Stonegate-Queensway, Toronto

$1,485,000

Detached|Bungalow
3 | 2 | 5
About this home

In a quiet Sunnylea enclave, 4 Ivy Lea Crescent is a beautifully maintained centre-hall bungalow on an exceptional pie-shaped lot with 65' of frontage. It offers rare outdoor space in one of Etobicoke's most coveted neighbourhoods-moments from the Humber River's cycling, running and hiking trails, excellent schools, and the Old Mill subway.The home is in remarkable condition, w/ original details thoughtfully preserved. A gracious foyer offers a warm welcome. The expansive L-shaped living and dining room is framed by generous windows overlooking the gardens and features a wood-burning fireplace. The spacious eat-in kitchen retains its original cabinetry & has a pantry, double stainless-steel sink. Three well-proportioned bedrooms with hardwood floors offer flexibility. The southeast bedroom enjoys abundant eastern light. The primary bedroom features 2 closets, 2 west-facing windows overlooking the backyard. The third bdrm, w/ corner windows, is equally suited to a den or home office. The original 4-piece main bathroom is a charming time capsule, with pink wall tile, black capping tile, complemented by a ceramic floor, Kohler toilet, tub, raised sink and vanity.The lower level offers approximately 7-foot ceilings, a recreation room with knotty-pine panelling, windows to the garden and a 2nd fireplace, seemingly wood-burning. A convenient two-piece bathroom is located near the grade-level entrance from the garage; the laundry & workshop includes a washer, dryer & laundry sinks. The backyard is an expansive oasis with plenty of green space for children. The front perennial beds are lush and superbly tended. The driveway accommodates two+ cars side by side. The garage is slightly smaller than a true double. Preliminary zoning potential allows for a maximum building size of approximately 2,460 square feet without a variance, with the possibility of a two-storey garden suite of up to approximately 1,291 square feet.

Extras

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,511
Lot Size65 ft x 119.5 ft
mls© NumberW13723626
Listed ByBABIAK TEAM REAL ESTATE BROKERAGE 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%
$7,601
Property tax
$626
Heat allowance
$150
Housing costs
$8,377 / mo

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

Down payment20% · $297,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,249 / mo
Cash down
$297,000

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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