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Runnymede-Bloor West Village, Toronto
$1,329,900
Outstanding opportunity in prime Junction! **Approved and rare oversized lot with opportunity to build 2 fourplexes side by side on each 16 ft lot, with plans in place. Lots 661A and 661B severance approval notice of decision is complete** Spacious bungalow, great for handy end user or renovator/investor. Solid brick bungalow on 32' x 154' lot, offering rare oversized frontage and depth, along with a private driveway and a detached two-car garage. Ideal for investors or first-time home buyers. Ideal for builder to build to fourplex units side by side or go back in to city to modify plans to make single family homes side by side on 16 ft lots. Severance is approved by city. Seller has paid all planner cost, severance cost, survey and various other city fees. Buyer to pay development charges when build takes place *dwelling and property in as is condition.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,266 |
| Lot Size | 32 ft x 154 ft |
| mls© Number | W13508508 |
| 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%
- $6,807
- Property tax
- $522
- Heat allowance
- $150
- Housing costs
- $7,479 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,596 / mo
- Cash down
- $265,980
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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