246 ELLINGTON Drive
Wexford-Maryvale, Toronto
$888,000
Location, location, location. Single level perfection in a coveted neighbourhood, this bungalow offers a blend of timeless charm and effortless single level living. Whether you're looking to generate rental income with the secondary basement apartment, create private in-law suite, or accommodate extended family setup, this property offers ultimate flexibility, privacy and long term financial opportunity. The backyard is a seamless extension of the charm this bungalow offers.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,458 |
| Lot Size | 41.05 ft x 125.13 ft |
| mls© Number | E13807336 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,545
- Property tax
- $372
- Heat allowance
- $150
- Housing costs
- $5,067 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,737 / mo
- Cash down
- $177,600
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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