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New4 hours ago

9 Draper Street

Waterfront Communities C1, Toronto

$1,449,000

Semi-Detached |2-Storey
3 | 1 | 0
About this home

Opportunity knocks on this absolutely charming street in the heart of downtown. Rarely available, restore and renovate this special 1881 Victorian home. Rich with period detail; plaster crown moulding and ceiling medallions transport you back in time. High ceilings, high baseboards, large windows, a combined living room and dining room and a spacious kitchen with breakfast area are offered on the main floor. The second floor has three bedrooms and one washroom, and the basement is currently unfinished. Once owned by a famous bootlegger in the time of prohibition, this heritage Toronto home on Draper has an interesting history. Presently Draper Street offers a wonderful neighbourhood community complete with a gathering spot at Draper Park. This quiet oasis is tucked away in a vibrant locale steps away from The Well, a newly opened commercial/residential hub. The Financial Core is close by, with a short walk to shops, restaurants, transit, and every amenity you need in trendy King West.

Extras

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  • Sat, Nov 7

    2:00 PM – 4:00 PM

  • Sun, Nov 8

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$7,865
Lot Size20 ft x 90 ft
mls© NumberC14153982
Listed ByJohnston & Daniel

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%
$7,417
Property tax
$655
Heat allowance
$150
Housing costs
$8,222 / mo

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

Down payment20% · $289,800
25-yr amortization

Income needed

$253,000

gross annual household income

Payment at 4%
$6,098 / mo
Cash down
$289,800

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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