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New3 hours ago

7 Humberview Crescent

Weston, Toronto

$1,339,000

Detached|2 1/2 Storey
5 | 3 | 2
About this home

A rare opportunity to restore a stately 1920s grand residence. It is in one of Weston's most remarkable settings. The properties on this street seldom hit the market. Built circa 1928 and set on a generous 50 x 120 ft lot facing the Humber River, this substantial five bedroom brick home offers the character, proportions and presence of a bygone era.Tucked away on picturesque Humberview Crescent, the home enjoys an exceptional natural setting overlooking the Humber River valley and is surrounded by mature trees and parkland. Inside, generous principal rooms, four bedrooms on the second floor, a third-floor bedroom and a full high basement with a separate entrance make this an impressive foundation for a thoughtful restoration.The property is in need of significant care and is being offered as an opportunity for a renovator, contractor or discerning buyer who would appreciate this distinctive residence.Adding to its intrigue, local history suggests the home may have been built by the builders of Toronto's iconic Maple Leaf Gardens, although this fascinating connection has not yet been independently verified.With its handsome brick exterior, substantial proportions, deep lot and extraordinary Humber River setting, this is not simply a house to renovate-it is an opportunity to preserve and reimagine a piece of old Weston.Enoy the proximity of the Humber river walking trails, greenbelt, and Weston Golf and Country club. You will enjoy this peaceful haven in an exclusive enclave and on a quiet cul-de-sac which truly characterizes Old Weson. This cottage-like setting enjoys the benefits of nearby local amenities and excellent transit.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,774
Lot Size50 ft x 120 ft
mls© NumberW13784244
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,854
Property tax
$481
Heat allowance
$150
Housing costs
$7,485 / mo

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

Down payment20% · $267,800
25-yr amortization

Income needed

$230,000

gross annual household income

Payment at 4%
$5,635 / mo
Cash down
$267,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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