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New2 hours ago

11 Parmalea Crescent

Willowridge-Martingrove-Richview, Toronto

$1,286,868

Detached|Backsplit 3
4 | 3 | 6
About this home

Space, location, and incredible potential collide in this solid, detached backsplit located at 11 Parmalea Crescent. Situated in one of Etobicoke's most desirable residential pockets, this property delivers unparalleled space and speaks to you the moment you walk through the door, inviting you to imagine what it could become. Inside, the multi-level floor plan features 4 large bedrooms and 3 washrooms, ensuring plenty of privacy and breathing room. The layout and character provide a wonderful canvas and foundation for those who appreciate an established home and want to gradually incorporate their own style. Bathed in natural light, the main living areas flow seamlessly into a finished lower level featuring a cozy fireplace, separate entrance and walk-out to the patio. This versatile space opens up countless exciting possibilities, whether you are looking for an in-law suite, fun media/entertainment area, or an ideal work-from-home office. Outside, the peaceful backyard will provide you with a private and quiet retreat, making you forget you're in the city. Relax, garden, entertain or just enjoy the outdoors! Parking is never an issue with a massive driveway, leading up to a spacious 2-car garage. While the finishes may reflect another era, that's precisely what gives this home its personality and sense of authenticity. Nestled in an ultra-convenient location near Kipling Avenue and The Westway, you're steps away from public transit, daily shopping essentials, and excellent schools. This is a standout property offering immense flexibility in prime central Etobicoke. Whether you're looking to create the perfect family home or an investment with incredible potential, this is the one!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,473
Lot Size48.58 ft x 151.29 ft
mls© NumberW13796876
Listed ByGET SOLD 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%
$6,587
Property tax
$623
Heat allowance
$150
Housing costs
$7,360 / mo

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

Down payment20% · $257,374
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,415 / mo
Cash down
$257,374

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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