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Rockcliffe-Smythe, Toronto
$869,900
Great opportunity to purchase this detached bungalow. Currently fully rented out with two apartments, Buyers can buy this property as an investment or take over the whole home. Situated on a quiet family friendly street and neighborhood. Only steps away from Gaffney Park trail. Short walk to restaurants, shops, TTC etc plus only a few minutes drive to the "Stockyards Village" for even more shopping and eating. Upgraged 200 AMP electrical service with breaker panel, newer asphalt single roof and newer High efficiency furnace (2023) The Sellers and Realtor do not warrant retrofit status and or the legality of the basement as a potential rental unit.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,250 |
| Lot Size | 23.23 ft x 94.5 ft |
| mls© Number | W13083404 |
| Listed By | HOMELIFE REGIONAL REALTY LTD. |
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%
- $4,453
- Property tax
- $271
- Heat allowance
- $150
- Housing costs
- $4,873 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$150,000
gross annual household income
- Payment at 4%
- $3,661 / mo
- Cash down
- $173,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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