97 Estelle Avenue
Willowdale East, Toronto
$1,599,000
Attention Builders, Developers & Investors! Explore the possibilities of this impressive 80 x 100 ft lot with 80 ft of frontage. The existing home requires substantial renovation, making this property especially appealing to buyers seeking a major renovation or redevelopment project. Investigate potential lot severance, a custom-home build or multiplex development, subject to zoning, site requirements and municipal approvals. Buyers to independently verify all development possibilities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 700-1100 sq. ft. |
| Property Tax | $12,384 |
| Lot Size | 80 ft x 100 ft |
| mls© Number | C13806984 |
| Listed By | RE/MAX REALTRON 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%
- $8,184
- Property tax
- $1,032
- Heat allowance
- $150
- Housing costs
- $9,366 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$288,000
gross annual household income
- Payment at 4%
- $6,729 / mo
- Cash down
- $319,800
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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