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Lansing-Westgate, Toronto
$1,888,000
Strategic Location! Modern Renovated Bungalow Featuring 3 Separate Units! Endless Opportunities and Multiple Use Possibilities >> Live In, Rent Out, Professional Office, Or A Combination, Plus Outstanding Investment & Development Potential << An Exceptional Opportunity In The Downtown Of North York, Less Than 100 Feet From Yonge-Sheppard Subway Station, Offering Access To Two Subway Lines! Steps Away From Restaurants, Shops, Government Offices, Banks, and Much More! This Beauty Features Three Units >> Unit #1: Versatile Office Space with 3 Rooms, A 3-Pc Bath, A Beautiful Modern Kitchen and with A Separate Front Entrance, Easily Adaptable For Residential Use! Unit #2: 2-Bedroom Unit Includes One Bedroom and One Studio With A Wet Bar, A Modern 3-Pc Bath, Stacked In-Suite Washer & Dryer, and Separate Side Access. Unit #3: Spacious Basement Apartment with 3 Bedrooms, 2 Washrooms (3-Pc Bath and 2-Pc Ensuite), A Large Kitchen and Sitting Area, and A Huge Laundry Area. 6 Parking Space in Front and A Detached Garage with Two Doors in Front and Back Which Giving the Option to Use the Large Interlocked Patio in The Back for Another Two Parking Spaces. *** Outstanding Investment & Development Potential >> Strategically Positioned with Excellent Future High Rise Development Under the Sheppard Avenue West Secondary Plan, Buyer to Verify with City Planner. *** A Rare Opportunity That Offers Exceptional Versatility, Income Potential, and Long-Term Value in A Prime Location In the Heart of North York ***
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,360 |
| Lot Size | 50 ft x 117.66 ft |
| mls© Number | C14129408 |
| Listed By | RE/MAX REALTRON BIJAN BARATI REAL ESTATE |
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%
- $9,664
- Property tax
- $613
- Heat allowance
- $150
- Housing costs
- $10,427 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$321,000
gross annual household income
- Payment at 4%
- $7,945 / mo
- Cash down
- $377,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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