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New2 hours ago

39 Standish Avenue

Rosedale-Moore Park, Toronto

$1,980,000

Detached|2-Storey
5 | 4 | 0
About this home

Three Distinct Paths. One Exceptional Rosedale Address. In one of Toronto's most coveted neighbourhoods, this versatile property presents a rare opportunity at a price point seldom found in Rosedale. With three self-contained units and an attractive existing income stream, the property offers a choice of possibilities, each with its own appeal. For those envisioning a substantial single-family residence, the property offers the opportunity to reimagine the existing footprint and create a home tailored to your vision, in an established neighbourhood renowned for its tree-lined streets and excellent schools. Alternatively, enjoy a more manageable living space while retaining two tenanted units to generate income and help offset carrying costs. A compelling proposition for those seeking a foothold in Rosedale without the commitment of a larger home. For the investor, the existing configuration and rental income offer an opportunity to acquire a multi-unit property in a premier location, with flexibility for the future. Whether your plans are to transform, occupy and earn, or invest and hold, the possibilities are as appealing as the address itself.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$13,054
Lot Size25 ft x 136 ft
mls© NumberC14120018
Listed ByROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

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%
$10,135
Property tax
$1,088
Heat allowance
$150
Housing costs
$11,372 / mo

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

Down payment20% · $396,000
25-yr amortization

Income needed

$350,000

gross annual household income

Payment at 4%
$8,332 / mo
Cash down
$396,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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