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New2 hours ago

683 Mortimer Avenue

Danforth Village-East York, Toronto

$820,000

Detached|Bungalow
2 | 2 | 1
About this home

Beautifully Renovated, freshly painted & Move-In Ready Detached Bungalow On A Deep 103 Ft Lot In East York's Danforth Village! This Sun-Filled, South-Facing 2+1 Bedroom, 2 Full Bathroom, 1 Driveway Parking Home Is The Perfect Condo Alternative For First-Time Buyers, Downsizers & Investors. Freshly Painted Throughout & Fully Renovated, Featuring A Bright Living Room, Eat-In Kitchen With Granite Counters, Two Main Floor Bedrooms & A Sunroom With Walk-Out To The Newly Painted Deck & Private Fenced Backyard. Finished Basement Offers A Third Bedroom, Second 4-Piece Bath & Laundry - Ideal For In-Laws Or Extra Living Space. Carpet-Free Throughout, LED Lighting Everywhere & Windows In Every Room For Tons Of Natural Light. Both Baths Are Full 4-Piece With Tubs. Front Pad Parking. Minutes Walking Distance To Woodbine Subway, Steps To TTC, Danforth Shops, Parks & Schools. Designated Major Transit Station Area - Excellent Long-Term Potential. Freehold, No Fees!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,386
Lot Size16.62 ft x 103 ft
mls© NumberE13725816
Listed ByRIGHT AT HOME REALTY

Listing History

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  • 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%
$4,197
Property tax
$282
Heat allowance
$150
Housing costs
$4,629 / mo

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

Down payment20% · $164,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,451 / mo
Cash down
$164,000

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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