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New3 days ago

24 & 26 Wynn Road

Willowdale West, Toronto

$2,699,999

Detached|Backsplit 4
4 | 4 | 6
About this home

ATTENTION BUILDERS & INVESTORS! DISCOVER THIS RARE TWO-LOT OPPORTUNITY IN PRIME NORTH YORK! Exceptional offering combining two properties into one expansive parcel, providing an incredible opportunity for builders, developers, investors or those looking to create a custom estate. This impressive irregular lot offers approximately 21,765 sq ft of land, just under 0.5 acres! Two existing detached backsplit homes are situated on the property, each measuring 1,639 sq ft as per MPAC, with its own 2-car garage and long driveway accommodating up to 6 cars. Property is being sold in "As-Is" condition. The rectangular lot at 24 Wynn Rd features 56.91 ft (17 m) frontage x 175.26 ft (35 m) depth, approximately 10,075 sq ft of land. It includes a 4-level backsplit with 4 bedrooms, 4pc and 3pc bathrooms, basement recreation area, laundry room and a ground-level walkout to the backyard. The L-shaped lot at 26 Wynn Rd features 56.92 ft (17 m) frontage x 175.26 ft (35 m) depth x 90.93 ft (28 m) rear, approximately 11,690 sq ft of land. It includes a 4-level backsplit with 4 bedrooms, two 4pc bathrooms, basement recreational area, laundry room and ground level walkout to the backyard. Ideally located just steps from Elleslie Park, Carscadden Greenbelt, TTC public transit and schools. Close to Earl Bales Park, Earl Bales Community Centre, Edithvale Community Centre, Mel Lastman Square and the shops, restaurants and amenities along Yonge Street. Convenient access to major roads, transit routes and highways. A rare opportunity to secure two lots with substantial land in an established and sought-after neighbourhood with outstanding recreational, transit, lifestyle amenities, and strong long-term appeal. Two lots. One exceptional opportunity!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$17,111
Lot Size113.83 ft x 175.26 ft
mls© NumberC13864668
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,820
Property tax
$1,426
Heat allowance
$150
Housing costs
$15,396 / mo

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

Down payment20% · $540,000
25-yr amortization

Income needed

$474,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$540,000

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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