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Listed 8 days ago

88 Cherrystone Drive

Hillcrest Village, Toronto

$1,299,000

Detached|2-Storey
5 | 6 | 5
About this home

Lucky Number 88* 3 Separate Entrances, Convenient Location! Step to Bus Stop, Premium Corner Lot 50' X 150' in High Demand Hillcrest Village. Beautiful Landscape, Interlocking, Flower Bed. Interlocking Stone Driveway, Private Basketball Court, And A Serence Carp/Koi Pond With a Waterfall. Heavy Duty Steel Fence and Gate. 2 Kitchens, 6 Bathrooms, and Elegant Strip Hardwood Floors. One Garage has been converted into an additional ensuite bedroom. Steps to Park & TTC. Mins to Shopping, Restaurant. Walk to Excellent Schools; Cliffwood PS (French Immersion), AY Jackson SS (Ranked 23/747). Close to 404/401, Seneca College, Fairview Mall. Family Friendly Neighbourhood. 1 Garage space can convert back to a garage

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,063
Lot Size50 ft x 150 ft
mls© NumberC14117796
Listed ByRE/MAX PARTNERS 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%
$6,649
Property tax
$505
Heat allowance
$150
Housing costs
$7,304 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$225,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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