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Price Change$3,100,000

200 & 204 Delta Street

Alderwood, Toronto

$2,700,000

Detached|Bungalow
6 | 3 | 6
About this home

**Attention Builders!** Rare opportunity in Alderwood. First time a parcel of this size has come to market in the neighbourhood. Two existing 37.5 x 132 ft lots create an exceptional combined 75 x 132 ft property with the potential to bring 200, 202, and 204 Delta Street to life. Set on a quiet, tree-lined stretch of Delta Street, this is a prime opportunity to build three luxury detached homes or explore other development possibilities. A true blank canvas in one of Alderwood's most desirable pockets. **202 Delta Street does not currently exist, offering a unique chance to establish a brand-new address as part of this exciting redevelopment opportunity.** The property currently features two three-bedroom bungalows, both of which can be easily rented while development plans are underway. With nearly 10,000 sq ft of land, this property is nestled between relatively newly built homes, providing a beautiful streetscape. Surrounded by mature trees and quality custom residences, opportunities like this are exceptionally rare in the neighbourhood. *Some images include conceptual renderings for illustrative purposes only.*

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,690
Lot Size75 ft x 132 ft
mls© NumberW12981402
Listed ByRE/MAX WEST REALTY INC.

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%
$13,820
Property tax
$808
Heat allowance
$150
Housing costs
$14,777 / mo

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

Down payment20% · $540,000
25-yr amortization

Income needed

$455,000

gross annual household income

Payment at 4%
$11,362 / mo
Cash down
$540,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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