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Listed 20 days ago

224 Ellis Avenue

High Park-Swansea, Toronto

$2,250,000

Detached|2-Storey
5 | 2 | 2
About this home

A Rare Opportunity To Secure One Of Swansea's Most Exceptional Building Opportunities. Set On An Impressive 46 x 262 Ft Ravine Lot, This Property Offers Outstanding Value Today And Extraordinary Potential For Tomorrow. Whether You Choose To Renovate, Reimagine Or Build New, The Possibilities Are Truly Exceptional. Included With The Property Are Professionally Designed Architectural Plans For A Stunning Contemporary Custom Residence, Together With A Building Permit Ready To Be Issued, Allowing The Next Owner To Begin Construction Without The Time And Uncertainty Of The Planning And Approval Process. Nestled On One Of Swansea's Most Desirable Streets, This Premium Property Combines An Expansive Lot, Exceptional Privacy And A Coveted Ravine Setting Just Moments From High Park, Bloor West Village, Excellent Schools, Transit And The Waterfront. A Truly Unique Opportunity To Build An Architectural Masterpiece In One Of Toronto's Most Prestigious West-End Neighborhoods While Saving Valuable Time, Planning And Design Work Already Invested. Rarely Does A Property Offer Such A Compelling Combination Of Location, Land And Vision.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$9,471
Lot Size50 ft x 262.46 ft
mls© NumberW13570788
Listed ByRARE REAL ESTATE

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%
$11,517
Property tax
$789
Heat allowance
$150
Housing costs
$12,456 / mo

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

Down payment20% · $450,000
25-yr amortization

Income needed

$383,000

gross annual household income

Payment at 4%
$9,468 / mo
Cash down
$450,000

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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