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Listed 4 months ago

203 Raleigh Avenue

Clairlea-Birchmount, Toronto

$1,275,000

Detached|2-Storey
3 | 4 | 3
About this home

This Spacious Home With An Open Concept Main Floor, Hardwood Floors, Centre Island, And W/O To Deck Is A Rare Opportunity. The Fenced And Deep Pvt Yard Is Poolsized. Prim Br Features 6Pc Ensuite, W/I Closet And Pvt Balcony. Income Potential Or Nanny Suite In The 2Br Basement Apt With 3Pc Bath. Situated in a highly sought after neighbourhood, this residence enjoys proximity to beautiful parks, top rated schools, boutique shopping, dining, and excellent transit connections. The surrounding community is known for its tree-lined streets, friendly atmosphere, and sense of community a wonderful place to call home. A rare opportunity to own a home that blends comfort, style, and functionality in a location that truly feels like home.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$4,392
Lot Size25 ft x 139.69 ft
mls© NumberE13099590
Listed ByRE/MAX ACE 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%
$6,526
Property tax
$366
Heat allowance
$150
Housing costs
$7,042 / mo

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

Down payment20% · $255,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,365 / mo
Cash down
$255,000

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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