12 Whitaker Avenue
Niagara, Toronto
$799,000
Tremendous upside and development potential with this end-of-row freehold property with laneway in one of Downtown's absolute best locations!! Property being sold "as-is, where-is". An application to the Committee of Adjustments has been made for a 50 foot long 3-storey family home with full basement and parking at the back and separate entrance to the lower level from ther front (3 bed, 4 bath 1,700SF above grade + 600SF basement). Across the street from one of Downtown's most expensive homes to have sold. A short walk to Trinity-Bellwoods Park, Ossington Strip, Stanley Park, King & Queen West, Financial District, Gardener and Billy Bishop City Airport!
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,445 |
| Lot Size | 12 ft x 80 ft |
| mls© Number | C13729338 |
| Listed By | HARVEY KALLES REAL ESTATE LTD. |
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%
- $4,090
- Property tax
- $454
- Heat allowance
- $150
- Housing costs
- $4,693 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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