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New6 days ago

53 Flora Drive

Dorset Park, Toronto

$889,000

Detached|Bungalow
3 | 2 | 6
About this home

Welcome to 53 Flora Drive, a charming classic detached bungalow nestled on a beautiful tree-lined street in the desirable Dorset Park neighbourhood! Situated on a generous 40 x 125 ft lot, this well-maintained home features 3 spacious bedrooms on the main floor, beautiful hardwood flooring, and a bright living and dining area. The updated kitchen showcases custom-made cabinetry, built-in stainless steel appliances, including a built-in oven and microwave, and a gas stove, offering both style and functionality, along with a convenient eat-in area. A unique feature of the home is the direct walkout from one of the main-floor bedrooms to the backyard, providing added convenience and easy outdoor access. The finished basement features a separate entrance, an additional bedroom, a 3-piece bathroom, and a spacious recreation room complete with a cozy gas fireplace, offering excellent potential for an in-law suite, extended family living, or a home office. Enjoy the convenience of a detached tandem garage with 2 parking spaces, plus a private driveway with ample parking. Step outside to a lovely deck and fenced backyard, perfect for relaxing or entertaining. Ideally located close to McGregor Park, schools, shopping, public transit, libraries, and major highways, including Highway 401. An excellent opportunity for families, investors, or those looking to enjoy comfortable living in a mature, established community!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,200
Lot Size40 ft x 125 ft
mls© NumberE14150372
Listed ByHIGHPOINT HOMES REALTY

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%
$4,550
Property tax
$350
Heat allowance
$150
Housing costs
$5,050 / mo

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

Down payment20% · $177,800
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,741 / mo
Cash down
$177,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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