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Listed 1 month ago

21 Seventeenth Street

New Toronto, Toronto

$830,000

Detached|Bungalow
2 | 2 | 4
About this home

Opportunity knocks in the heart of New Toronto. Situated on a 33' x 100' freehold lot (approx. 3,336 sq. ft.), this property offers exceptional potential for investors, builders, and renovators looking to capitalize on a prime residential location. The site features a level topography, detached garage, private driveway, and is designated residential with RM zoning, supporting strong redevelopment or value-add possibilities. Currently improved with a detached home originally built in 1948, the property presents an ideal canvas for renovation, expansion, or a custom rebuild. Whether your strategy is to renovate and hold, flip, or redevelop, this is a rare chance to secure a well-sized lot in an established, high-demand west-end neighbourhood with long-term upside

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,155
Lot Size33.38 ft x 100.11 ft
mls© NumberW13480814
Listed ByHOMELIFE/CIMERMAN REAL ESTATE LIMITED

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%
$4,248
Property tax
$346
Heat allowance
$150
Housing costs
$4,745 / mo

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

Down payment20% · $166,000
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,493 / mo
Cash down
$166,000

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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