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New5 hours ago

38 Avenal Drive

Humewood-Cedarvale, Toronto

$2,189,000

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

Build your dream home on this 40 foot lot on one of Cedarvale's most desirable streets. Located at the corner of Hill Place and Avenal, the property lends itself to an array of architectural design possibilities. Literally steps to both Beth Tzedec and Holy Blossom synagogues, Cedarvale Ravine, Cedarvale public school , Leo Baeck, and Robbins Hebrew Academy. Walk over to Glen Cedar Park and then head north to Eglinton shops and restaurants. Quick access to TTC, LRT and Allen Expressway. Same owner for 63 years.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$10,324
Lot Size40 ft x 128.62 ft
mls© NumberC13823414
Listed ByKELLER WILLIAMS PORTFOLIO REALTY

Listing History

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  • 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%
$11,204
Property tax
$860
Heat allowance
$150
Housing costs
$12,215 / mo

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

Down payment20% · $437,800
25-yr amortization

Income needed

$376,000

gross annual household income

Payment at 4%
$9,212 / mo
Cash down
$437,800

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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