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Trinity-Bellwoods, Toronto
$1,749,900
Some houses tell you exactly what they are. This one asks what you want it to become. Set in one of Toronto's trendiest neighbourhoods, this detached wood-frame home with vinyl siding and brick at the front and rear kitchen addition offers flexibility, character and future potential. A 3-foot side walkway provides convenient access between the front and rear, while the multi-level layout gives renovators, investors and end users plenty to work with.Keep and improve the character, create a spectacular single-family home, or explore additional living space and income opportunities, subject to applicable approvals. A separate basement entrance and flexible floor plan add possibilities. Original oak floors, a bay window and French doors bring character, while important updates include a high-efficiency furnace (2019), copper water lines, updated electrical and panels, and an owned hot water heater. The sloped house and garage roofs and flat roof over the kitchen addition were replaced approx. 10 years ago. Permits are available for the garage, veranda and kitchen addition. At the rear, a patio and garden provide outdoor space, while double laneway access leads to a large detached 2.5-car garage. The laneway may also offer future laneway suite potential, subject to City approvals. Upstairs, the third-floor loft with cathedral ceilings delivers a pretty great Toronto party trick: unobstructed CN Tower views from the front. Ossington is often described as Toronto's answer to Williamsburg, Brooklyn, and has earned recognition as one of the world's trendiest neighbourhoods. Trinity Bellwoods, Little Italy, Little Portugal and Beaconsfield Village surround you, with restaurants, cafés, shops, parks, schools, transit, art and nightlife nearby. Live in it. Renovate it. Reimagine it. Whatever the plan, detached homes with this much flexibility, double laneway access and a large garage in this location don't come along often.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,435 |
| Lot Size | 20 ft x 127 ft |
| mls© Number | C13762708 |
| Listed By | NEW ERA REAL ESTATE |
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%
- $8,957
- Property tax
- $620
- Heat allowance
- $150
- Housing costs
- $9,726 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$299,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $349,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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