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Lambton Baby Point, Toronto
$1,398,000
Backing onto Lessard Park! Located in Lambton Baby Point, one of Toronto's most coveted neighbourhoods, this large detached 2-storey is an exciting opportunity for a growing family, first-time buyer, or investor/developer. Inside, the layout is designed for everyday living & entertaining. Living room features a large window, wood fireplace, & stained glass, flowing into dining room keeping entertaining comfortable & dishes out of sight. The main floor 2-pc helps! Kitchen has quartz counters & bright breakfast area w/walkout to the rear deck & backyard w/shed, plenty of space for outdoor furniture & centrally backs onto Lessard Park w/gate for direct access, effectively extending your backyard! Upstairs, you'll find 3 large bedrooms, w/primary bedroom having a large closet & two large south-facing windows & convenient demi-ensuite access to the 4pc bathroom. Skylight brings natural light into the 2nd floor bathroom. The basement adds valuable carpeted living space w/4th bedroom, large rec area for games, TV, hobbies, etc., plus laundry room w/double sink & window. A truly exceptional location (w/great neighbours all around!) on a quiet cul-de-sac with everyday conveniences just minutes away along Jane/Bloor/Annette - restaurants, cafés, shops, groceries, medical, services & more! Families will appreciate nearby great schools, parks, daycares/camps, an ideal community for growth. Lessard Park has playground, baseball field, table tennis & walking path leading toward Humber River w/scenic walking/cycling trails along the river. In the catchment for the awesome Baby Point Club, adding mass appeal! Also, steps to Baby Point Gates BIA & its local mix of ~85 businesses. Jane TTC just a quick 6-8 minute walk. Images & Virtual Tour from 2024. Is currently vacant, was last rented out for $4500/mth. Note - includes approvals for a new ~3800sf 3-storey new home w/large top floor terrace! Cons: the flooring needs work & the basement height has some low spots.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,967 |
| Lot Size | 25 ft x 100 ft |
| mls© Number | W13779836 |
| Listed By | CRESCENT REAL ESTATE 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%
- $7,156
- Property tax
- $581
- Heat allowance
- $150
- Housing costs
- $7,886 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$243,000
gross annual household income
- Payment at 4%
- $5,883 / mo
- Cash down
- $279,600
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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