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Listed 1 month ago

302 Spring Garden Avenue

Willowdale East, Toronto

$1,650,000

Detached|Bungalow
3 | 1 | 6
About this home

Attention Builders, Renovators & End-Users! Rare opportunity to skip the city delays with a building permit in the final approval stage. Property is being sold with future city-approved building permits/architectural plans for a ~4000 sqft luxury custom home. Here's your chance to own one of the last remaining original homes on a premier street in highly sought-after Willowdale East. Surrounded by multi-million dollar custom builds ($3.5M+), this prime 50' x 120' lot offers endless potential. Located steps to top-ranked Earl Haig SS, Hollywood PS, TTC Subway, Parks & Yonge St amenities. The existing solid brick bungalow features 3 bedrooms, a separate side entrance to the basement, an attached 2-car garage, and a long driveway for 4-5 cars. Live in, rent out, or start building your dream home without waiting months for approvals!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$11,057
Lot Size50 ft x 120 ft
mls© NumberC13637910
Listed ByT-ONE GROUP 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%
$8,445
Property tax
$921
Heat allowance
$150
Housing costs
$9,517 / mo

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

Down payment20% · $330,000
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$330,000

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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