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Wychwood, Toronto
$1,490,000
Welcome to 1139 Dovercourt Rd. Spacious multi-unit property offering flexible living space and excellent income potential. Main and second-floor units feature hardwood floors, bright living rooms with walkouts to balconies, bedrooms with closets, 4-piece bathrooms. Third level includes an additional bedroom with closet space and walkout to a flat roof. Finished lower level provides additional living space and bathroom. Features include three separate hydro meters and breaker panels, owned hot water tank, newer boiler, two-car garage with automatic opener, covered outdoor area and garden. Potential additional income from garage rental and possible laneway housing, subject to municipal approval. Located In between the prestigious Wychwood & Dovercourt Neighbourhood! Steps to T.T.C, Bloor subway, shops, restaurants, greats schools & more! Just off of super trendy Geary Ave.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,497 |
| Lot Size | 25 ft x 125 ft |
| mls© Number | C13752436 |
| Listed By | SUTTON GROUP REALTY SYSTEMS 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%
- $7,626
- Property tax
- $458
- Heat allowance
- $150
- Housing costs
- $8,235 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$253,000
gross annual household income
- Payment at 4%
- $6,270 / mo
- Cash down
- $298,000
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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