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Price Change$1,549,000

131 Lauder Avenue

Wychwood, Toronto

$1,479,000

Detached|2 1/2 Storey
5 | 4 | 2
About this home

A grand dame with undeniable charm and exceptional potential, this home makes a memorable first impression with its handsome presence and great curb appeal. Rich in character and filled with the architectural appeal of a bygone era, it offers a rare opportunity to shape a home for today while positioning yourself for long-term value. Currently divided into two owner-occupied units - main floor and second/third floors plus basement - the property offers flexibility from day one. Keep it as a multiplex, establish your own rents, and maximize its income potential, or restore this distinguished home to its original glory and create a spectacular five-bedroom single-family residence. The scale, setting, and street are all well suited to supporting the value of a truly exceptional transformation. Enjoy the insulated, powered bunkie at the back of the garden, currently used as a cozy spot for watching TV, lounging, or hanging out with friends. Just steps from St. Clair Avenue West, you are surrounded by vibrant urban offerings, from cafés and restaurants to shops and everyday conveniences. Nearby Corso Italia brings an unmistakable connection to Italian culture, food, music, and community. The Wychwood Barns and Regal Public School are also close at hand, adding to the neighborhood's appeal.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,420
Lot Size30 ft x 110 ft
mls© NumberW13693722
Listed BySUTTON GROUP-ASSOCIATES 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%
$7,570
Property tax
$618
Heat allowance
$150
Housing costs
$8,339 / mo

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

Down payment20% · $295,800
25-yr amortization

Income needed

$257,000

gross annual household income

Payment at 4%
$6,224 / mo
Cash down
$295,800

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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