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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,
City: Toronto
Neighborhood: Newtonbrook East

| Purchase Price | $1499000 |
| Down Payment | $299800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1199200 |
| Mortgage Payment | $7390 |
| Property Taxes | $568 |
| Maintenance Fees | $0 |
| Monthly Payment | $7957 |
Sold Comparables homes near 1071 Willowdale Ave, Toronto
Located at 1071 Willowdale Ave , this Toronto house is available for sale. This property was listed for $1,499,000 on Sun Apr 06 2025. This house's size is 50 x 115 Feet. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, 4th Br, 5th Br, Br. This property comes with 4 parking spots. 1071 Willowdale Ave, Toronto is situated in the Newtonbrook East neighbourhood.
MLS#: C11944923 · $1,499,000 · 3 bedroom house in Newtonbrook East, Toronto