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New2 hours ago

226 Cranbrooke Avenue

Lawrence Park North, Toronto

$1,135,000

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

Timeless Character, Endless Potential. This charming residence presents a rare opportunity to reimagine a classic home and make it distinctly your own. Rich in character and brimming with possibilities, it offers the perfect foundation for a thoughtful transformation. Discover the appeal of living in one of Toronto's most desirable neighbourhoods, where tree-lined streets, a strong sense of community, and exceptional local amenities create an ideal setting for family life. Families will appreciate proximity to top ranking schools; Havergal College, Crescent Private School, John Wanless Public School, and Lawrence Park Collegiate Institute. Nearby parks, independent shops, trendy cafés, and celebrated dining destinations offer endless opportunities to enjoy the neighbourhood. With Lawrence Subway Station, public transit, and major commuter routes all within easy reach, this prime address delivers the perfect balance of urban accessibility and established neighbourhood charm. Property is being sold in "as-is, where-is" condition with no representations or warranties provided by the Seller. A home filled with promise, ready to be reimagined and transformed into something truly extraordinary - Bring your contractor and your imagination! (Driveway Parking - Licence No. 4004 City of Toronto By-Law 438-86)

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$8,001
Lot Size25 ft x 110 ft
mls© NumberC14154410
Listed ByEXP REALTY

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%
$5,809
Property tax
$667
Heat allowance
$150
Housing costs
$6,626 / mo

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

Down payment20% · $227,000
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,776 / mo
Cash down
$227,000

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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