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Princess-Rosethorn, Toronto
$1,549,000
Welcome to 4 Ravenscrest Drive, a charming 3-bedroom, 2-bathroom Ranch-Style Bungalow on a beautiful ravine lot in one of Etobicoke's most desirable family neighbourhoods. A truly rare opportunity to create your own personalized home in central Etobicoke, surrounded by mature trees, generous lots and natural beauty. Enjoy nearby Ravenscrest Park, Glen Agar Park, Hampshire Heights Park and the scenic Mimico Creek ravine trails. Excellent schools are close by, including St. Gregory Catholic School, John G. Althouse Middle School, Michael Power/St. Joseph High School and Martingrove Collegiate Institute.Conveniently located near shopping, restaurants, cafés and everyday amenities along Rathburn Road, Martin Grove Road, Burnhamthorpe Road and The East Mall, with Cloverdale Mall and Sherway Gardens nearby. Easy access to Highways 427, 401 and the Gardiner Expressway, Pearson International Airport, TTC, Centennial Park, the Etobicoke Olympium, golf courses and numerous recreational facilities. A rare opportunity to own a detached ravine bungalow in central Etobicoke, ideal for those looking to downsize without giving up the space, privacy and lifestyle of a home. Bring your vision and make 4 Ravenscrest Drive your own.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,116 |
| Lot Size | 50 ft x 286.5 ft |
| mls© Number | W13779054 |
| Listed By | SUTTON GROUP OLD MILL 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%
- $7,928
- Property tax
- $510
- Heat allowance
- $150
- Housing costs
- $8,588 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$264,000
gross annual household income
- Payment at 4%
- $6,518 / mo
- Cash down
- $309,800
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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