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New9 hours ago

248 Westwood Avenue

Danforth Village-East York, Toronto

$920,000

Detached|Bungalow
2 | 2 | 1
About this home

Welcome To 248 Westwood Avenue, Ideally Located In A Prime Area of Danforth Village On One Of East York's Most Desirable Streets. Set On A 25-By-110-Foot Lot With A Detached Single-Car Garage, This Classic Bungalow Has Remained In The Same Family For All Of Its 85 Years And Is Now Ready For A New Chapter. It Offers Outstanding Potential For First-Time Buyers, Renovators, Contractors, And Skilled Handypersons In A Neighbourhood Known For High-End Renovations, Second Story Additions And New Builds. At 888 Square Feet, It Is One Of The Area's Largest Original Bungalow Layouts. The Main Floor Features Spacious Open-Concept Living And Dining Areas, An Updated Eat-In Kitchen, Two Bedrooms (Including The Primary Bedroom With A Walkout To The Backyard Deck) And A Four-Piece Bathroom With Whirlpool Tub. A Separate Side Entrance Leads To The Lower Level That Includes A Large Recreation Room With A Gas Fireplace, Another Four-Piece Bathroom With A Separate Shower And Large Double Whirlpool Tub, A Laundry Room, And Two Additional Rooms/Bedrooms. The Layout Offers Strong Potential For An In-Law Suite Or Separate Apartment. It's All About Location Location And This Home Has It, Just Two Blocks From The Future Ontario Line, Minutes To The DVP, Convenient Access To Downtown, Public Transit And The Vibrant Shops, Cafés, And Restaurants Along Pape Avenue And The Danforth. It Also Boasts An Excellent Walk Score, With Elementary, Middle & High Schools Near By, Four Parks And Numerous Recreation Facilities All Within A 20-Minute Walk, In A Neighbourhood That Continues To Appreciate In Value. Whether You Are Seeking Your First Detached Home, Downsizing Without Sacrificing Space, Planning To Personalize A Property Over Time, Or Looking For A Prime Lot And Home To Reimagine, 248 Westwood Avenue Is A Rare And Exciting Opportunity.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,067
Lot Size25.03 ft x 110.14 ft
mls© NumberE13842566
Listed BySUTTON GROUP-HERITAGE REALTY 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%
$4,709
Property tax
$422
Heat allowance
$150
Housing costs
$5,281 / mo

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

Down payment20% · $184,000
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,872 / mo
Cash down
$184,000

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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