329 Morningside Avenue
West Hill, Toronto
$1,850,000
Redevelopment opportunity. Ideally Located This 3+1 Bedroom Home Offers All You Need To Live In Or Rent As 2 Units With Their Own Main Floor Entrances Just By Adding A Wall. Sitting On A 50 X 140 Mature Lot W Lots Of Parking & A Separate Garage The Main Unit Offers 3 Bedrooms, An Eat In Kitchen, Separate Dining Room & A Large Living Room With Walk Out To An Extra Large Backyard For Family Fun. The Basement Is Ideally Setup As A 1 Bdrm Rental Unit.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,828 |
| Lot Size | 50.01 ft x 140.25 ft |
| mls© Number | E13225954 |
| Listed By | MASTER`S CHOICE 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%
- $9,469
- Property tax
- $236
- Heat allowance
- $150
- Housing costs
- $9,855 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$303,000
gross annual household income
- Payment at 4%
- $7,785 / mo
- Cash down
- $370,000
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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