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New2 hours ago

3 Greenacres Road

Beechborough-Greenbrook, Toronto

$1,049,000

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

Exceptional Opportunity With Incredible Future Potential! A Zoning Certificate Has Been Issued For A Legal Fourplex On This Property, Offering An Excellent Opportunity For Investors, Builders Or End Users. The Seller Also Has A New Zoning Agreement Permitting A Multiple Dwelling Structure On The Site, Which Will Be Transferred To The Buyer. Ideally Located Just Steps From The Future Eglinton Crosstown, Schools, Parks, Groceries, Transit And Everyday Amenities. The Home Features A New Kitchen With Stainless Steel Appliances, New Hunter Douglas Windows, A New Front Door, Updated Flooring, New Light Fixtures And More. The Basement Is Fully Finished And Features A Separate Entrance, With No Kitchen Currently Installed. Situated On A Great Sized Lot With A Private Driveway Offering Parking For 3 Cars, An Above Ground Pool And Storage Shed For Pool Equipment. A Must See Property Offering Immediate Enjoyment With Exceptional Long Term Potential!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,748
Lot Size54.66 ft x 80.96 ft
mls© NumberW13824032
Listed ByRE/MAX EXPERTS

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%
$5,369
Property tax
$312
Heat allowance
$150
Housing costs
$5,832 / mo

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

Down payment20% · $209,800
25-yr amortization

Income needed

$179,000

gross annual household income

Payment at 4%
$4,414 / mo
Cash down
$209,800

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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