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New10 hours ago

9 Romana Drive

Birchcliffe-Cliffside, Toronto

$949,900

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Attention Builders and Contractors - this is the opportunity you have been waiting for in prime Cliffside SOUTH of Kingston Road! Situated between the Bluffs community and The Beach, this 54 ft x 122 ft lot has the coveted south backyard exposure! 5 mins drive to the Bluffers Park Beach, Trails and Tennis Courts! All Brick Bungalow With Stone facade. Potential Lake Views From A 2nd Floor New Build/Addition! Close To RH King Academy and Cardinal Newman CSS Schools.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,188
Lot Size54 ft x 122 ft
mls© NumberE14105244
Listed ByKAY REAL ESTATE LTD.

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%
$4,862
Property tax
$432
Heat allowance
$150
Housing costs
$5,444 / mo

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

Down payment20% · $189,980
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

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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