BURNDALE AVENUE, Toronto (Lansing-Westgate), ON, M2N1S7
$1,119,000
Asking Price
Welcome to 78 Burndale Ave - the lot your future self will thank you for grabbing. A premium 35' x 117' property on a quiet, tree-lined, dead end street surrounded by high-end custom homes in the highly desired Lansing pocket. The perfect combination of walkability and access while still enjoying tranquility in the heart of North York. This is where buyers come to secure land first and decide the plan second. The existing home is livable as-is, offering a rare opportunity to move in, rent out, or hold while you finalize your vision. Renovate, add on or build new - the flexibility here is what makes this property so valuable. Whether you're an end user looking to get into the neighbourhood and build equity over time, or an investor planning your next project, this is a strategic acquisition with multiple paths to win. The location checks every box: under a 5-minute walk to Sheppard-Yonge subway, steps to Yonge Street dining, shops, parks & entertainment, plus easy access to Hwy 401. Top-tier schools and unbeatable connectivity ensure consistent end-user and rental demand. North York continues to evolve - and properties like this are always at the centre of it. Buy it. Live in it. Rent it. Build it. Don't miss it. (id:24493) MLS® #C13028518 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Recommended Strategy:
Property Type
Residential
Status
Pending
Lot Size
4209
Parking
Garage: Y, Parking Space: N
Basement
Basement: Y, Finished Basement: N
Separate Entrance
No
Strengths
• Highly desired location
• Premier property on a quiet street
• Potential for renovations or new build
Weaknesses
• Existing home is livable as-is, requires renovation
• May require zoning changes for construction project
Opportunities
• Potential for rental income or long-term equity gains
• Access to top-tier schools and connectivity
Threats
• Market fluctuations may impact property value
• Potential for delays in construction or renovation projects
Down Payment
Canadian semi-annual compounding
Down
$223,800
Loan
$895,200
Monthly P+I
$5,996
= $223,800 · 20.0% committed
Auto-calculated from mortgage above
Ontario default: 1.2% of $1,119,000 ÷ 12
Monthly Summary
Mortgage (P+I)
$5,996
Property Tax
$1,119
Total Out
$7,115
Rental In
$0
Net / Month
-$7,115
Net Cash Flow
Enter rental income to activate the gauge
Asking Price
Posted May 24, 2026 · about 1 month ago