New6 days ago
236 Finch Avenue W
Newtonbrook West, Toronto
$2,500,000
Detached|Bungalow
4 | 1 | 12
About this home
Great investment! Future assembly and development! TTC at the door! Walk to schools, close to subway, Live and work! Use as your office! Finished basement with side Entrance! A lot of money spent on renovation! Roof Ten years, sensors and alarm in each room,.....
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $9,162 |
| Lot Size | 65 ft x 111 ft |
| mls© Number | C14149430 |
| Listed By | TORONTO HOMES AND BUILDINGS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,796
- Property tax
- $763
- Heat allowance
- $150
- Housing costs
- $13,710 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $500,000
25-yr amortization
Income needed
$422,000
gross annual household income
- Payment at 4%
- $10,520 / mo
- Cash down
- $500,000
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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