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Woodbine-Lumsden, Toronto
$499,900
Location, Location, Location! Attention Builders, Contractors & Investors! Here is your rare opportunity to own a prime 25 x 106 ft lot in the highly sought-after Woodbine-Lumsden neighbourhood of East York. Nestled on a quiet, family-friendly street surrounded by numerous million-dollar custom new builds, this deep property offers endless potential to build your dream home from the ground up or undertake a major renovation. Unbeatable location just minutes to Woodbine and Main Street Subway Stations, Danforth GO, and quick access to the DVP for an easy downtown commute. Enjoy fantastic local amenities steps away at Stan Wadlow Park, Taylor Creek Park trails, East York Community Centre, Michael Garron Hospital, and the vibrant shops, cafes, and dining along The Danforth. Property and all chattels/fixtures are being sold in strictly "As Is, Where Is" condition without representation or warranty. Don't miss this incredible opportunity to build or invest in a rapidly transforming East End community!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,678 |
| Lot Size | 25 ft x 106.62 ft |
| mls© Number | E14094706 |
| Listed By | ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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%
- $2,559
- Property tax
- $473
- Heat allowance
- $150
- Housing costs
- $3,182 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
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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