Listed 18 days ago
73 Aragon Avenue
Tam O'Shanter-Sullivan, Toronto
$1,299,000
Detached|Bungalow
3 | 2 | 5
About this home
Investment Property . Large Lot ( 71 feet frontage x 162 feet depth ) Lease out and Build later . Great Potential . Great Opportunity . Great Location Please respect tenant . Do not go direct . Vacant posssession with 60 Days closing
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,855 |
| Lot Size | 71 ft x 162 ft |
| mls© Number | E13703396 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
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%
- $6,649
- Property tax
- $488
- Heat allowance
- $150
- Housing costs
- $7,287 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $259,800
25-yr amortization
Income needed
$224,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
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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