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New6 days ago

78 Spring Garden Avenue

Willowdale East, Toronto

$1,499,000

Detached|1 1/2 Storey
3 | 3 | 2
About this home

Official Plan Designated - Mixed Use (Including Residential). Beautiful property backing onto a park featuring a detached residential house and a completely separate commercial legal non-conforming office. Hardwood flooring on the main and second floors. Finished basement with a bedroom, 3-piece bathroom, and separate entrance to the backyard. Steps to Yonge & Sheppard subway stations, Sheppard Centre, and Earl Haig Secondary School. Live in, invest, or build your dream home in the future. Property being sold "As Is, Where Is." Additional parking opportunities behind the property.

Extras

No extras listed.

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Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$11,349
Lot Size50 ft x 123.7 ft
mls© NumberC14090796
Listed ByRE/MAX CONDOS PLUS CORPORATION

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%
$7,673
Property tax
$946
Heat allowance
$150
Housing costs
$8,768 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$270,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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