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Listed 5 months ago

607 Spadina Road

Forest Hill South, Toronto

$2,188,000

Detached|2-Storey
3 | 3 | 4
About this home

**Discover the charm of 607 Spadina Road, this elegant Forest Hill Tudor, and classic curb appeal residence is filled with character and abundant natural light, nestled in prestigious Forest Hill Village and one of Toronto's most desirable neighbourhood. Boasting a 50Ft frontage land, 3+1 bedrooms and a functional floor plan with a separate entrance to a potential rental income basement ($$$), offering recent update features (newer kitchen and newer 2nd kitchen -basement, newer washrooms, newer interlocking widen driveway and landscaped front yard). The classic principal rooms and charming interior characters are ideal to create a timeless elegance. A cozy study area extends the living room space, providing ample space for family gathering, direct walk-out to the enchanting garden. You are invited to a formal dining room, effortlessly flow to an updated kitchen. The cozy and updated kitchen in a soft colour palette is a culinary enthusiast's delight, providing a breakfast area. The second floor hosts three well-appointed bedrooms and two bathrooms. The primary suite includes an own-ensuite laundry, 3pcs own ensuite and closet. The large and principal 2nd bedroom offers your private spaces. The upper deck extends these living spaces outdoors, creating an evening gatherings or quiet moments alone. The lower level provides a versatile option to extend your family living space or to rent-out to a potential income. This home is situated steps away from the vibrant amenities of Forest Hill Village Street and Enjoy proximity to top-rated schools, parks, public transit and downtown. Walking distance to Eglinton LRT. and close to restaurants, shops, Forest Hill Public School, Forest Hill Collegiate, BSS, UCC and more!!!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,313
Lot Size50 ft x 68.91 ft
mls© NumberC12971490
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,199
Property tax
$776
Heat allowance
$150
Housing costs
$12,125 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $437,600
25-yr amortization

Income needed

$373,000

gross annual household income

Payment at 4%
$9,207 / mo
Cash down
$437,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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