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New7 days ago

38 Connaught Avenue

Newtonbrook West, Toronto

$2,299,000

Detached|2-Storey
5 | 7 | 4
About this home

Walk to Yonge st, TTC, Shops, Tim Hortons, Custom Built Luxurious Home In Highly Sought After Location! Double Entrance Door With Iron And Murano Glass, Family Size Kitchen W/Granite Counter And B/I Appliances, Crown Molding, Pot lights, Huge Hallway 2nd Floor W/Skylight, Open Riser Stairs, Marble Flooring In Foyer,4 Bedrooms Have their Own Bathrooms And W/In Closets Perfect For Big Family, Master bedroom W /6Pc Ensuite-Double Vanity, Jacuzzi Tub, Bidet And Two Closets, Huge Backyard And Deck. Separate Entrance To The Bsmt.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$11,613
Lot Size50 ft x 132 ft
mls© NumberC13696146
Listed ByREAL WORLD REALTY 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%
$11,767
Property tax
$968
Heat allowance
$150
Housing costs
$12,885 / mo

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

Down payment20% · $459,800
25-yr amortization

Income needed

$396,000

gross annual household income

Payment at 4%
$9,675 / mo
Cash down
$459,800

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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