New2 hours ago
222 & 224 Kennedy Road
Birchcliffe-Cliffside, Toronto
$2,390,000
Detached|Bungalow
3 | 2 | 2
About this home
Attention builders, developers and rennovaters. The size of the 2 lot together is almost 100x150 ft. 2 Detached 3 bedroom Bungalow Adjacent for sale. Properties sold as is and priced for land value only.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,634 |
| Lot Size | 99.5 ft x 150 ft |
| mls© Number | E13723670 |
| Listed By | HOMELIFE/VISION REALTY INC. |
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%
- $12,233
- Property tax
- $720
- Heat allowance
- $150
- Housing costs
- $13,103 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $478,000
25-yr amortization
Income needed
$403,000
gross annual household income
- Payment at 4%
- $10,058 / mo
- Cash down
- $478,000
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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