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New1 day ago

53 Marcos Boulevard

Bendale, Toronto

$988,000

Detached|Bungalow
3 | 2 | 4
About this home

Gorgeous Bright Bungalow Backing Directly Onto a Park! Located in a quiet, established community where rental opportunities are rarely available, this charming home offers a wonderful combination of space, privacy, and convenience. Featuring bright, spacious living areas, hardwood floors, crown moulding, and a renovated kitchen, this home is full of character. Enjoy the peaceful backyard with a spectacular park view, complete with a patio, flower and vegetable gardens. Ideal for Two Families or Extended Family Living! The separate side entrance leads to a finished basement featuring its own kitchen, bathroom, laundry, large bedroom, and spacious recreation room, offering excellent flexibility for multi-generational living. Conveniently located just a short walk to TTC bus service connecting directly to Kennedy Station, with access to both Subway Line 2 and the Eglinton Crosstown LRT Line 5. Also within easy reach of two GO stations and Highway 401, making commuting throughout the GTA a breeze. Close to schools, supermarkets, restaurants, shopping, and everyday essentials, all while enjoying the tranquility of a quiet residential neighbourhood. Additional features include a front porch, garage, private driveway with parking for up to four vehicles. Tenant responsible for all utilities, including gas, water, garbage removal, hot water rental, furnace rental, and property maintenance, including snow removal.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,903
Lot Size45 ft x 112 ft
mls© NumberE14113386
Listed ByPSR

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%
$5,057
Property tax
$409
Heat allowance
$150
Housing costs
$5,616 / mo

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

Down payment20% · $197,600
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,158 / mo
Cash down
$197,600

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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