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New4 hours ago

284 Lisgar Street

Little Portugal, Toronto

$1,160,000

Semi-Detached |2 1/2 Storey
7 | 2 | 0
About this home

Welcome to Dundas West! A neighbourhood full of character, community, and city living at its best. The home features Victorian Architecture from a time when homes were built to last, with high ceilings, vaulted gables on the 3rd floor, rooftop patio on the 2nd floor and another balcony off the living room! There is a private backyard and with over 2,000 sq ft above grade there is tons of space for everyone. The property currently has strong income as a functional two unit home situated in a high demand area. The approximately 900 sq ft unfinished basement with its own private side entrance has the potential to be developed into an additional self-contained rental suite. Some photos digitally enhanced.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,043
Lot Size18.67 ft x 96 ft
mls© NumberC13847818
Listed ByRE/MAX WEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,937
Property tax
$587
Heat allowance
$150
Housing costs
$6,674 / mo

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

Down payment20% · $232,000
25-yr amortization

Income needed

$205,000

gross annual household income

Payment at 4%
$4,881 / mo
Cash down
$232,000

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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