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New4 hours ago

29 Love Crescent

East End-Danforth, Toronto

$1,299,000

Semi-Detached |2-Storey
4 | 3 | 2
About this home

Welcome to the Upper Beaches-Toronto's Coastal Crown Jewel! This is more than a property; it's a rare treasure in one of the city's most sought-after enclaves! Presenting a distinctive income-generating masterpiece featuring three fully self-contained residential suites, a spacious two-car garage, and individual hydro meters-perfectly tailored for the discerning investor or multi-generational family looking to live stylishly while earning effortlessly.Immerse yourself in the best of city-meets-lakeside living: stroll to the beach, savour the energy of trendy cafés and restaurants, and enjoy effortless access to the TTC, major highways, and the DVP. This location offers the ultimate urban lifestyle with a relaxed,beach-town feel.With tenants currently on a month-to-month basis, you're gifted with unmatched flexibility-move right in, lease for passive income, or redesign to your heart's content.A rare opportunity not to be missed!

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,305
Lot Size26.58 ft x 120.58 ft
mls© NumberE13784504
Listed ByROYAL LEPAGE TERREQUITY REALTY

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%
$6,649
Property tax
$609
Heat allowance
$150
Housing costs
$7,408 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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