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Listed 7 days ago

98 Ferris Road

O'Connor-Parkview, Toronto

$1,495,000

Detached|2-Storey
5 | 6 | 3
About this home

Calling all investors, builders, and visionaries!Fantastic opportunity to custom-finish a high-potential, 2-storey stucco home on a premium ravine lot. Situated on a quiet, family-friendly street in the O'Connor-Parkview community, this property features an existing in-ground pool and an incredible canvas to build your dream home to your exact specifications. With an expansive floor plan and a walk-out basement apartment, the possibilities for this massive property are endless

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$6,878
Lot Size45 ft x 248.97 ft
mls© NumberE13614208
Listed ByRE/MAX HALLMARK RICHARDS GROUP 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%
$7,652
Property tax
$573
Heat allowance
$150
Housing costs
$8,375 / mo

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

Down payment20% · $299,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,291 / mo
Cash down
$299,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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