38 Gordon Street
Little Portugal, Toronto
$999,999
Prime Location & Excellent Potential! Ideally situated close to an array of amenities, this property offers convenience, functionality, and plenty of potential. Enjoy ample street parking along with one private parking space in the rear laneway. Recent major updates include a roof replacement in 2021 and furnace and air conditioning replaced in 2020, providing added peace of mind. The property is conveniently located near shopping, malls, the Exhibition, public transit (TTC), and everyday amenities. The backyard features an established grapevine, adding character and charm to the outdoor space. A fantastic opportunity in a highly convenient location with excellent potential. Laundry in the basement. Don't miss this opportunity!
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,770 |
| Lot Size | 17.75 ft x 83 ft |
| mls© Number | C13847702 |
| Listed By | HOMELIFE/LOCAL 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%
- $5,118
- Property tax
- $481
- Heat allowance
- $150
- Housing costs
- $5,749 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
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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