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$6,495,800
Available - For Sale
Listing ID: C11824784
Introducing A Prime Severable Lot & Development Opportunity in the highly coveted South Hill community within walking distance to Yonge & St. Clair, great shopping and top-rated schools. The Property includes 257 & 261 Poplar Plains Rd, two side by side single family detached homes each purchased in the 1970s. They have merged into one corner parcel with a combined lot size of 11,880 sq. ft., with 90' frontage on Poplar Plains Rd. and 132' frontage on Lynwood Ave. A Buyer has the option to keep it simple and renovate the two existing homes each with approximately 3000 sq. ft., add to them, change their use, apply for a simple severance into 2-3 lots, build garden suites, build new homes, or pursue an even more ambitious development. Whether you're looking for a multi-generational property with endless potential to renovate, invest, redevelop, or simply capitalize on the property's prime location, this is it. Don't miss out on an opportunity to purchase this exceptional property in one of Toronto's most sought-after neighbourhoods. **EXTRAS** Please refer to the floor plans of both #257 & #261 for the number of rooms and measurements. #261 has a private drive and single garage and #257 has a double garage accessed from Lynwood Avenue.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $324,790 $649,580 $974,370 $1,299,160
First Mortgage $6,171,010 $5,846,220 $5,521,430 $5,196,640
CMHC/GE $169,702.78 $116,924.4 $96,625.03 $0
Total Financing $6,340,712.78 $5,963,144.4 $5,618,055.03 $5,196,640
Monthly P&I $27,156.78 $25,539.69 $24,061.69 $22,256.81
Expenses $0 $0 $0 $0
Total Payment $27,156.78 $25,539.69 $24,061.69 $22,256.81
Income Required $1,018,379.3 $957,738.19 $902,313.53 $834,630.23

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

257&261 Poplar Plains Rd , Toronto, M4V 2N9, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Casa Loma
Style: 2 1/2 Storey
Lot Size: 90.00 x 132.00(Feet)
Approximate Age:
Tax: $27,289
Maintenance Fee: $0
Beds: 6+5
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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