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Alderwood, Toronto
$775,000
Welcome to 179 Thirtieth Street - a rare opportunity in the heart of Alderwood, zoned E1 for flexible residential or commercial use.Set on a generous 25 ft x 134.58 ft lot, this charming bungalow offers exceptional versatility - ideal as a family home, an income-generating property, or a live-work opportunity for a home-based business or office (offices, research & development, light manufacturing, warehousing & distribution, business parks, and employment-supportive service commercial uses all permitted under E1 zoning).The main level has been freshly painted and updated with new laminate flooring, featuring two well-appointed bedrooms and a bright, sun-filled kitchen with stainless steel appliances, granite countertops, and abundant natural light throughout.A separate entrance leads to the fully finished basement - complete with its own laminate flooring, a spacious recreation room with large windows, an additional bedroom with closet, and a second kitchen. Perfect for extended family living or as a potential rental income suite.Additional features include a private garage and a large driveway with ample parking. Ideally located just minutes from transit, shopping, and major highways, this property offers the best of both worlds: a peaceful residential setting with the added potential for commercial or investment use.A truly unique opportunity in one of Toronto's most sought-after neighborhoods - residential comfort meets commercial possibility.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,616 |
| Lot Size | 25 ft x 134.58 ft |
| mls© Number | W13579502 |
| Listed By | ALEKSIC 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%
- $3,967
- Property tax
- $301
- Heat allowance
- $150
- Housing costs
- $4,418 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,261 / mo
- Cash down
- $155,000
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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