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New24 hours ago

6 Matthew Drive

East Woodbridge, Vaughan

$1,230,000

Detached|Bungalow
3 | 3 | 6
About this home

Discover an incredible multi-family home, investment or live-in/income opportunity in the heart of Woodbridge, set in a highly desirable location. This versatile detached bungalow offers ultimate privacy and single-level living, which makes it a great fit for families with seniors. The home has been freshly painted and features new pot lights throughout, so it's bright and move-in ready. The main floor has three spacious bedrooms and a living and dining room that flow into a functional kitchen with a breakfast area. The lower level adds real value with a brand-new in-law apartment in the partially finished basement. It has its own separate entrance, making it a strong opportunity for multi-generational living or extra rental income. The basement also has a generous unfinished area ready for you to develop and customize to your needs. Outside, the home overlooks the school, park and has a spacious driveway with parking for 4 vehicles. It sits close to local amenities, schools, parks and transit, and offers endless potential whether you choose to live in, rent out, or both.

Extras

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Open houses

  • Sat, Nov 14

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$5,319
Lot Size39.41 ft x 98.53 ft
mls© NumberN14165140
Listed ByINTERNATIONAL REALTY FIRM, INC.

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%
$6,296
Property tax
$443
Heat allowance
$150
Housing costs
$6,889 / mo

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

Down payment20% · $246,000
25-yr amortization

Income needed

$212,000

gross annual household income

Payment at 4%
$5,176 / mo
Cash down
$246,000

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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