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Publicly listedPosted 2 months ago

151 Lanyard Road Toronto (Humbermede), Ontario

Lanyard Road, Toronto (Humbermede), ON, M9M1Z3

Asking Price

$929,900

3

Beds

2

Baths

Detached

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Welcome to 151 Lanyard Rd. First time offered for sale! Lovingly cared for and well maintained by the same family for over 60 years. This all brick home is equipped with vinyl windows, newer roof, furnace (heat pump), eavestroughs, downspouts and updated 100amp breaker panel. A functional layout offers a bright and spacious living area and 3 generous sized bedrooms. Fully finished basement with separate entrance, kitchen, wet bar, full bathroom, family room, 2 cold cellars, above grade windows and a custom built brick, wood burning fireplace. Excellent In-law or income potential. Rare fully private driveway and 1.5 car detached garage providing ample parking and storage. Conveniently located close to schools, parks, public transit, finch lrt, major highways and shopping. (id:24493) MLS® #W13643238 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

Opportunity analysis

Opportunity score

6.5 / 10

Recommended strategy

Rental

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Parking

private driveway, 1.5 car detached garage

Basement

Finished

Separate entrance

Yes

Business case

Strengths

  • well-maintained all‑brick home with updated roof and furnace
  • finished basement featuring kitchen, wet bar, full bath and separate entrance
  • private driveway with 1.5‑car detached garage

Opportunities

  • in‑law or income potential from finished basement
  • potential for rental income if landlord

Weaknesses

  • no information on interior upgrades or finishes beyond roof/furnace

Threats

  • no disclosed recent renovations; may require updates in interior

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$4,983

Down payment

$185,980

Mortgage amount

$743,920

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $185,980 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$5,913/mo

Mortgage (P+I)

−$4,983

Property tax

−$930

Asking Price

$929,900

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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