













200 & 204 Delta Street
Alderwood, Toronto
$2,700,000
**Attention Builders!** Rare opportunity in Alderwood. First time a parcel of this size has come to market in the neighbourhood. Two existing 37.5 x 132 ft lots create an exceptional combined 75 x 132 ft property with the potential to bring 200, 202, and 204 Delta Street to life. Set on a quiet, tree-lined stretch of Delta Street, this is a prime opportunity to build three luxury detached homes or explore other development possibilities. A true blank canvas in one of Alderwood's most desirable pockets. **202 Delta Street does not currently exist, offering a unique chance to establish a brand-new address as part of this exciting redevelopment opportunity.** The property currently features two three-bedroom bungalows, both of which can be easily rented while development plans are underway. With nearly 10,000 sq ft of land, this property is nestled between relatively newly built homes, providing a beautiful streetscape. Surrounded by mature trees and quality custom residences, opportunities like this are exceptionally rare in the neighbourhood. *Some images include conceptual renderings for illustrative purposes only.*
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $9,690 |
| Lot Size | 75 ft x 132 ft |
| mls© Number | W12981402 |
| Listed By | RE/MAX WEST 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%
- $13,820
- Property tax
- $808
- Heat allowance
- $150
- Housing costs
- $14,777 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$455,000
gross annual household income
- Payment at 4%
- $11,362 / mo
- Cash down
- $540,000
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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