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Listed 21 days ago

296 The Kingsway N/A

Edenbridge-Humber Valley, Toronto

$3,999,999

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

Development opportunity: Two assembled parcels at 296 The Kingsway, Etobicoke creating a rare oversized corner site approx. 120' x 160' (ideal for redevelopment). Prime location near multi-residential developments and major amenities along The Kingsway corridor. Ideal for builders, developers & investors. Buyer to verify zoning, permitted uses, severance, development potential and municipal approvals (RM (f24; au116)).

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$10,565
Lot Size120 ft x 160 ft
mls© NumberW13562212
Listed ByUnity Realty Brokerage 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%
$20,474
Property tax
$880
Heat allowance
$150
Housing costs
$21,504 / mo

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

Down payment20% · $800,000
25-yr amortization

Income needed

$662,000

gross annual household income

Payment at 4%
$16,833 / mo
Cash down
$800,000

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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