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New4 hours ago

371 Royal York Road

Mimico, Toronto

$1,600,000

Detached|Bungalow
3 | 2 | 1
About this home

Attention Builders, Renovators & Investors! Exceptional opportunity on a premium 33.45 x 168 ft lot (approx. 6400 sq. ft) along Royal York Road in Etobicoke. CR3 zoning may offer potential for various uses, subject to applicable municipal approvals and buyer verification. Property is being sold AS IS, WHERE IS, without representations or warranties by the Seller Or Listing Brokerage regarding the property's condition, systems, zoning, permitted uses, or redevelopment potential, to the extent permitted by law. Buyers and their representatives are advised to conduct their own independent due diligence and verify all information, measurements, zoning, pe3rmitted uses, and development potential with the appropriate authorities. Conveniently located near TTC, Mimico GO Station, major highways, parks, schools, lakeside trails, shops, and restaurants. An opportunity for builders and investors to explore the potential of this Etobicoke property.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,929
Lot Size33.45 ft x 168 ft
mls© NumberW14085502
Listed ByRE/MAX WEST 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%
$8,190
Property tax
$327
Heat allowance
$150
Housing costs
$8,667 / mo

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

Down payment20% · $320,000
25-yr amortization

Income needed

$267,000

gross annual household income

Payment at 4%
$6,733 / mo
Cash down
$320,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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