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New2 hours ago

52 Heydon Park Road

Little Portugal, Toronto

$2,150,000

Detached|2-Storey
5 | 6 | 4
About this home

Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a walk-out balcony with great views, while keeping the 4 lower rental units to off set mortgage payments. The property is fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,730
Lot Size29 ft x 90 ft
mls© NumberC13819852
Listed ByRE/MAX WEST 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%
$11,005
Property tax
$811
Heat allowance
$150
Housing costs
$11,965 / mo

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

Down payment20% · $430,000
25-yr amortization

Income needed

$368,000

gross annual household income

Payment at 4%
$9,048 / mo
Cash down
$430,000

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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