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New4 days ago

14 Franklin Avenue

Lansing-Westgate, Toronto

$890,000

Detached|Bungalow-Raised
3 | 2 | 1
About this home

At Yonge / Sheppard! Welcome to a beautifully updated detached home in one of Torontos most sought-after neighbourhoods. This charming 2-storey residence features a bright, open-concept main floor with hardwood throughout, a modern kitchen with quartz counters & stainless steel appliances, the living/dining area ideal for entertaining. Upstairs offers three comfortable bedrooms and a stylish renovated bath. The finished basement includes 3 bedrooms, a full bathroom, laundry and dryer. Outside, enjoy a private fenced yard with a deck perfect for summer evenings. Steps to parks, schools, shops, TTC, and quick access to downtown. Move-in ready with timeless curb appeal and a warm, inviting feel perfect for families or professionals alike.Turn-key property with multiple income streams or future redevelopment potential.A Prime Investment Opportunity!

Extras

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,748
Lot Size25 metres x 130 metres
mls© NumberC14130968
Listed ByHOMELIFE NEW WORLD 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%
$4,555
Property tax
$562
Heat allowance
$150
Housing costs
$5,268 / mo

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

Down payment20% · $178,000
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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