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New3 hours ago

89 Valecrest Drive

Edenbridge-Humber Valley, Toronto

$3,988,800

Detached|2-Storey
4 | 4 | 6
About this home

A rare opportunity on one of Edenbridge-Humber Valley's most prestigious streets. 89 Valecrest Drive occupies an exceptional ravine lot surrounded by natural beauty, privacy and mature greenery. With virtually no undeveloped ravine lots remaining on Valecrest, this is one of the street's last few opportunities to create a truly remarkable custom residence. Build your dream home, renovate and transform the existing residence, or move in comfortably now and complete your plans over time. Whether envisioned as a sophisticated renovation or an architectural new build, this property offers extraordinary potential in an established luxury neighbourhood. An increasingly scarce ravine setting, a coveted address and endless possibilities-opportunities like this are rarely available on Valecrest Drive.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$15,082
Lot Size50 ft x 228 ft
mls© NumberW13772156
Listed ByRE/MAX PROFESSIONALS 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%
$20,416
Property tax
$1,257
Heat allowance
$150
Housing costs
$21,823 / mo

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

Down payment20% · $797,760
25-yr amortization

Income needed

$671,000

gross annual household income

Payment at 4%
$16,786 / mo
Cash down
$797,760

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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