225 Maxome Avenue
Newtonbrook East, Toronto
$1,388,000
Bright & Spacious Raised Bungalow with 2 car Garage on a Premium 51.5' x 127.5' Corner Lot surround by Trees. All Brick Exterior with Double Door Entrance. 3+1 Bdrm 3 Baths and 2 Kitchens. Over 2500 S.F Living Space included Fin. W/O Bsmt. Spent over $100,000 In Recent Upgrades: Crown Moulding on Main, Pot Lights & Hardwood/Laminate Flooring Throughout. Designer Baths with Granite/Quartz Vanity Top & Frameless Glass Shower. Oak Staircase with Iron Pickets. Gourmet Kitchen with Extended Cabinetry & Valance Lighting, Quartz Countertops, Backsplash, Pantry & B/I Appliances. Fin. W/O Basement with Separate Entrance and Direct Access to Garage. Potential for Rental income or in-law suite with Rec, Study, Bedroom, Kitchen & 3 Pcs Bath. South Exposure Fenced Backyard with Large Deck. Double Car Garage + Driveway + Extra Parking Spot fit for 5 Cars. Steps to Park, School & Public Transit. Close to Supermarket, Restaurant & Plaza, Mins to Subway Station & Shopping Mall. Easy access to Hwy404 /401/ 407...
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,862 |
| Lot Size | 51.5 ft x 127.5 ft |
| mls© Number | C13644896 |
| Listed By | HOMELIFE LANDMARK RH REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,104
- Property tax
- $739
- Heat allowance
- $150
- Housing costs
- $7,993 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$246,000
gross annual household income
- Payment at 4%
- $5,841 / mo
- Cash down
- $277,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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