Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$2,199,000
Bedrooms
3 Beds
Bathrooms
1 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$9924
Prime Redevelopment Opportunity in York Mills EHON Designated Exceptional 64.17 x 145 ft south-facing lot in one of Toronto's most prestigious neighbourhoods. Situated in the heart of York Mills & Bayview, this offering falls within the City of Toronto's newly designated EHON (Expanding Housing Options in Neighbourhoods) permitting expanded residential uses beyond traditional single-family, including semi-detached, townhomes, multiplex or small apartment building mid-rise (up to 6 storeys up to 60 units as of right zoning approved) Surrounded by luxury estates, the property offers outstanding potential: build your custom residence, develop a high-end multiplex, or explore possible severance into two lots. Ideally positioned near top-tier schools (Owen P.S., St. Andrews, York Mills Collegiate) and steps to York Mills Subway with TTC at your doorstep. A premier opportunity for builders, investors, or end-users to unlock value in a rapidly evolving corridor. Buyer to verify all development potential and zoning permissions. The bungalow is in livable condition can be rented. The 1st picture is an illustration to show the possibility under EHON program
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Contact MeTotal Monthly Payment
$9,227 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,759,200
Total Interest Payments
$1,084,654
Total Payment (Principal + Interest)
$2,843,854
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Toronto, ON M2L 1C6
Listed By: HOMELIFE LANDMARK REALTY INC.
Toronto, ON M4N 1B4
Listed By: HARVEY KALLES REAL ESTATE LTD.
Toronto, ON M2L 1G4
Listed By: RE/MAX HALLMARK REALTY LTD.
Toronto, ON M4N 1B5
Listed By: McIntyre Real Estate Services Inc.
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
