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Listed 3 months ago

149 Finch Avenue W

Willowdale West, Toronto

$2,090,000

Detached|1 1/2 Storey
6 | 3 | 12
About this home

Exceptional opportunity in high demand Willowdale West area, High Rent Income and lots of potentials property in future development area. Many parking spots in the front and the back. Various Upgrades Throughout previous Ownerships(Incl. Spacious Additional Area at rear), premium 50 X 143 Lot with rear parking area. Suitable For End-User/Investor Or Small Business Owner-Potential Multi-Use by Residential,Professional Office,Doctors Clinic(The Buyer has to Verify from The Official Plan Of The City With City Planner). High Rental Income $70K/Y. Many parking spots, rear addition, high exposure and traffic, Next to the community center, Walking Distant To Finch Subway Station, supermarket, restaurants, drugmart and etc.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,066
Lot Size50.05 ft x 142.69 ft
mls© NumberC13231984
Listed ByHOMELIFE LANDMARK REALTY INC.

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$10,698
Property tax
$672
Heat allowance
$150
Housing costs
$11,520 / mo

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

Down payment20% · $418,000
25-yr amortization

Income needed

$354,000

gross annual household income

Payment at 4%
$8,795 / mo
Cash down
$418,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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