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South Riverdale, Toronto
$799,000
A rare South Riverdale opportunity offering flexibility today and strong future potential. This duplex features two kitchens, two full bathrooms and four bedrooms, making it well suited for extended family, shared living or rental income. Highlights include granite countertops, mostly newer windows, updated HVAC, 200-amp electrical service and an owned tankless water heater. Situated on a deep 14.15 x 120 ft lot with rear laneway access and parking for two vehicles. According to a site-specific Laneway Housing Feasibility Report prepared by Laneway Housing Advisors, the property qualifies for a laneway house under Toronto's Changing Lanes program, with an as-of-right build appearing to accommodate approximately 932 sq. ft. over two levels, with options that may include garage parking. All of this in a convenient South Riverdale location close to parks, schools, transit, shops, restaurants, Woodbine Park and the Beach. A compelling property for end-users, investors or buyers looking for added long-term value. Buyers and Buyer's Agent to conduct their own research regarding laneway housing and development.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,997 |
| Lot Size | 14.15 ft x 120 ft |
| mls© Number | E13840102 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
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%
- $4,090
- Property tax
- $333
- Heat allowance
- $150
- Housing costs
- $4,573 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$141,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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