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New2 hours ago

487 Winnett Avenue

Humewood-Cedarvale, Toronto

$1,998,000

Detached|2-Storey
3 | 4 | 3
About this home

Some neighbourhoods you visit. Cedarvale, you stay for - and this turnkey family home is exactly why. In the catchment for Cedarvale Community School and Forest Hill CI, with the ravine and park just a quick stroll away and the Egl Crosstown LRT steps from your door. Everything Cedarvale promises, this home delivers. A cedar-lined walkway leads to a covered porch, welcoming you in. Inside, a Light-Filled, Open-Concept Main Floor Unfolds - Large Windows Flood the space with Natural Light, and the Living & Dining Rms flow together Effortlessly. The Chef's Kitchen anchors it all - Stainless-Steel Appliances, Custom-Built Cabinetry, & Plenty of Storage. A flexible Main Floor Family Room does Double Duty as a Home Office, Lounge, or Playroom - the choice is yours! Beyond the Kitchen, a Back Extension Offers Even More Versatility: currently set up as a dedicated Work-From-Home Space with a Convenient Mudroom for everyday ease, it's ready to enjoy as-is or easily reconfigure to suit your needs. Upstairs, three well-proportioned Bedrooms each come with their own W/I Closet. A full 5-Piece Bath with Double Sinks keeps mornings moving for the whole family. The Elegant Primary is the Standout: Large Windows Overlooking the Picturesque Backyard, His&Hers W/I Closets, & a 5-Piece Spa Ensuite built for unwinding after long days.The fully Reno'd Lower Level rounds out the home with even more living space - an Ample Rec Rm, a Bedroom with Built-Ins, & an additional Room Currently Outfitted as an Exercise Rm.Step outside to a stunning backyard retreat - pavers, planters, and lush garden beds anchored by a dedicated dog run - morning coffee, weekend entertaining, or simply enjoying the outdoors with the whole family, four-legged members included. The big-ticket items are already handled: roof, two furnaces, two A/C units & a Sump Pump. And Pkg that's genuinely rare for the area - 2 spaces plus a Detached Garage. This street. This catchment. This turnkey home. Cedarvale doesn't wait.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,617
Lot Size25 ft x 133 ft
mls© NumberC13780208
Listed ByHARVEY KALLES REAL ESTATE LTD.

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%
$10,227
Property tax
$718
Heat allowance
$150
Housing costs
$11,095 / mo

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

Down payment20% · $399,600
25-yr amortization

Income needed

$341,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

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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