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New Toronto, Toronto
$2,600,000
Unobstructed lake views. An irreplaceable location. Timeless character. Modern living. Directly across from Cliff Lumsdon Park, this beautifully renovated home blends original charm with modern updates. A stunning second-floor addition features an impressive primary retreat with breathtaking lake views, also enjoyed from the living and dining rooms. Renovated chef's kitchen with separate butler's pantry and main-floor powder room. Finished lower level with rec room, wet bar, separate entrance and in-law potential. Rare private drive and double-car garage. Steps to waterfront parks and trails.Rare opportunity on an impressive 50-ft-wide corner lot offering exciting possibilities for buyers looking to explore alternative housing options. The property's generous frontage and RD zoning provide potential to explore a garden suite and possible lot severance. Existing detached double garage adds further possibilities. Any future development, severance or garden suite is subject to applicable zoning, City approvals and other requirements. Buyer to conduct their own independent due diligence with the City of Toronto regarding their intended use.Some homes can be renovated. A location like this can never be recreated.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,850 |
| Lot Size | 50 ft x 101 ft |
| mls© Number | W13603696 |
| Listed By | SUTTON GROUP-ADMIRAL 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%
- $13,308
- Property tax
- $654
- Heat allowance
- $150
- Housing costs
- $14,112 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$434,000
gross annual household income
- Payment at 4%
- $10,941 / mo
- Cash down
- $520,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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