$1,499,000

3 + 3 Bed, 3 Bath, Bungalow home is located near Yonge/Steeles/Willowdale in Newtonbrook East.

Multi-Family Development Opportunity: Detached Bungalow with Potential for 4 Units + 1 Garden Suite Under New Toronto Bylaws! This detached bungalow offers an exciting multi-family development opportunity under Torontos **new municipal bylaws**. While **permits have not yet been obtained**, the property is ideally suited for a potential development of **up to 4 units plus 1 garden suite**, making it a prime choice for builders and investors looking to capitalize on Torontos evolving housing landscape. Income Potential**: Once developed, the property could generate significant rental income from multiple units, ensuring a strong return on investment. **EXTRAS** 2 Fridge, 2 Stoves, Microwave, Washer & Dryer , All Window Coverings, All light Fixtures,

1071 Willowdale Ave, Toronto is a 3 + 3 bedroom, 3 bathroom residential Bungalow detached home. 1071 Willowdale Ave, Toronto is conveniently located in the Newtonbrook East neighbourhood of Toronto Ontario. 1071 Willowdale Ave, Toronto is an MLS®-Listed home with an asking price of $1,499,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 1071 Willowdale Ave, Toronto, the estimated monthly mortgage payment would be $7,243. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 1071 Willowdale Ave, Toronto are approximately $6,810/year based on 2024 assessment.

This Bungalow detached home located at 1071 Willowdale Ave, Toronto features a Brick exterior. The lot size of this East facing property is 50 x 115 feet. The property has 4 parking spaces. The home has Gas fueled Forced Air heating. The living room at main level has hardwood floor. The dining room at main level has hardwood floor, w/o to deck. The kitchen at main level has granite counter, stainless steel appl. The master bedroom at main level has hardwood floor, closet. The 2nd bedroom at main level has hardwood floor, closet. The 3rd bedroom at main level has hardwood floor, closet. The 4th bedroom at basement level has closet. The 5th bedroom at basement level has closet. The bedroom at basement level has closet.