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Price Change$899,900

290 Woodroffe Avenue E

5103 - Carlingwood, Carlingwood - Westboro and Area

$899,000

Detached|2-Storey
2 | 2 | 6
About this home

Developers take note! An exciting opportunity in a high-profile location along Woodroffe Avenue. Zoned H2 H(45), this property offers significant potential for residential, commercial or mixed-use development, with zoning that permits a broad range of uses, subject to applicable zoning provisions and approvals. Ideally positioned along a major road with excellent visibility, convenient access to transit/light rail, shopping, services and other major roadways, there is great value in the location and the possibilities it presents. The existing residential dwelling provides an opportunity for current use while buyers, investors or developers explore the property's longer-term potential. Whether considering redevelopment, a commercial venture or a mixed-use project, 290 Woodroffe offers a rare opportunity to secure a well-positioned property with versatile zoning in an established and highly accessible area of the city. Buyers to complete their own due diligence regarding their intended use and development plans. Great home to rent while you plan your development.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,260
Lot Size51.94 ft x 96.38 ft
mls© NumberX14034560
Listed ByRE/MAX HALLMARK REALTY GROUP

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,601
Property tax
$355
Heat allowance
$150
Housing costs
$5,106 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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