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New2 hours ago

117 Wheeler Avenue

The Beaches, Toronto

$695,000

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

Great Value In Prime Location! In Need Of Full Renovation. Not For THe Faint Of Heart! Amazing Potential. Estate Sale Home Located In Prime Beach Location Steps To Vibrant Queen East, Beach, Kew Gardens, Top Rated Schools, Loads Of Places To Eat, Shop, and Play. Owned By Same Family For Decades. No Power, Water Or Gas On In Home.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$5,264
Lot Size18.53 ft x 103.56 ft
mls© NumberE13721840
Listed ByBOSLEY REAL ESTATE LTD.

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%
$3,557
Property tax
$439
Heat allowance
$150
Housing costs
$4,146 / mo

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

Down payment20% · $139,000
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,925 / mo
Cash down
$139,000

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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