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Willowridge-Martingrove-Richview, Toronto
$1,288,000
Fully Renovated from Top to Bottom! Welcome to 33 Tapley, a beautifully reimagined 3+2 bedroom, 4-bathroom home offering modern finishes, exceptional versatility, and income potential. Situated on a quiet street, this impressive property sits on a 50 x 117 ft lot backing onto expansive green space, with parking for up to 5 vehicles!Step inside to discover engineered hardwood flooring throughout the main floor and a stunning modern kitchen featuring crisp white cabinetry, sleek finishes, premium black stainless steel appliances, and a dedicated coffee/breakfast area with custom built-ins, just waiting for your espresso machine! Every detail has been thoughtfully considered to combine style and functionality. The main floor features two full bathrooms, one with a bathtub and the other with a separate stand-up shower. Additional highlights include brand-new windows, 200-amp electrical service, EV charger-ready infrastructure, and separate laundry facilities. This energy-efficient home offers comfort and practicality throughout. In addition to the main-floor living space, the property features two separate, self-contained living spaces: a one-bedroom basement apartment and a separate one-bedroom in-law suite. The basement is currently tenanted, generating approximately $3,500 per month in rental income, with fantastic tenants already in place. An excellent opportunity for multi-generational living or buyers seeking additional income potential. Enjoy convenient access to grocery stores, major highways, public transit, good schools, and a variety of everyday amenities. Combining extensive renovations, flexible living arrangements, and an oversized lot backing onto green space, 33 Tapley offers an exceptional opportunity for modern living with added income potential!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,580 |
| Lot Size | 50 ft x 117.56 ft |
| mls© Number | W14129306 |
| Listed By | ROYAL LEPAGE WEST REALTY GROUP LTD. |
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%
- $6,593
- Property tax
- $382
- Heat allowance
- $150
- Housing costs
- $7,124 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$219,000
gross annual household income
- Payment at 4%
- $5,420 / mo
- Cash down
- $257,600
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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