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Listed 4 months ago

1171 Roselawn Avenue

Briar Hill-Belgravia, Toronto

$2,699,000

Detached|Bungalow
3 | 1 | 14
About this home

Unique 3 bedroom, 1 washroom corner home with commercial garage component. This NON-CONFORMING ZONED FOR COMMERCIAL/INDUSTRIAL USE, OFFICIAL PLAN DESIGNATED - RESIDENTIAL, REAR ACCESS - LANE, CORNER LOT. NEAR MARJOR TRANSIT STATION AREA, may be the opportunity you have been seeking! The commercial garage component is separately leased. The residential component is currently leased, month to month.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$7,297
Lot Size45.63 ft x 115.16 ft
mls© NumberW12998658
Listed ByCENTURY 21 NEW CONCEPT

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%
$13,815
Property tax
$608
Heat allowance
$150
Housing costs
$14,573 / mo

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

Down payment20% · $539,800
25-yr amortization

Income needed

$448,000

gross annual household income

Payment at 4%
$11,358 / mo
Cash down
$539,800

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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