

10 Silverdale Crescent
Parkwoods-Donalda, Toronto
$1
Rare Development Opportunity at 10 Silverdale Crescent. Substantial corner property at York Mills Rd & Silverdale Cres offering significant redevelopment potential in a highly desirable Toronto location. The property is situated along a Major Street and may benefit from the City of Toronto's EHON Major Streets planning framework, which contemplates additional residential intensification including townhouses, stacked townhouses and small-scale apartment buildings, potentially up to 6 storeys, subject to applicable zoning, performance standards and all required municipal and regulatory approvals. A previous development concept contemplated approximately 24 back-to-back townhomes, providing buyers with an excellent starting point for further investigation and design exploration. No representation or warranty is made regarding the approval, feasibility or permitted number of units associated with any previous concept. Excellent opportunity for builders, developers and investors to explore a range of residential development options. Buyer to conduct their own due diligence regarding zoning, EHON Major Streets eligibility, permitted density, height, setbacks, servicing capacity, tree preservation, environmental/TRCA requirements, Site Plan Approval and all other applicable development requirements. Property being sold for its exceptional land and redevelopment potential
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $16,145 |
| Lot Size | 125 ft x 300 ft |
| mls© Number | C13513856 |
| 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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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $0
- Property tax
- $1,345
- Heat allowance
- $150
- Housing costs
- $1,495 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$46,000
gross annual household income
- Payment at 4%
- $0 / mo
- Cash down
- $0
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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