38 Avenal Drive
Humewood-Cedarvale, Toronto
$2,189,000
Build your dream home on this 40 foot lot on one of Cedarvale's most desirable streets. Located at the corner of Hill Place and Avenal, the property lends itself to an array of architectural design possibilities. Literally steps to both Beth Tzedec and Holy Blossom synagogues, Cedarvale Ravine, Cedarvale public school , Leo Baeck, and Robbins Hebrew Academy. Walk over to Glen Cedar Park and then head north to Eglinton shops and restaurants. Quick access to TTC, LRT and Allen Expressway. Same owner for 63 years.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $10,324 |
| Lot Size | 40 ft x 128.62 ft |
| mls© Number | C13823414 |
| Listed By | KELLER WILLIAMS PORTFOLIO REALTY |
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%
- $11,204
- Property tax
- $860
- Heat allowance
- $150
- Housing costs
- $12,215 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$376,000
gross annual household income
- Payment at 4%
- $9,212 / mo
- Cash down
- $437,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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