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Listed 1 month ago

1107 Royal York Road

Kingsway South, Toronto

$1,299,900

Detached|2-Storey
3 | 2 | 4
About this home

THE MOST AFFORDABLE HOME IN THE KINGSWAY!!!! Situated in the Lambton-Kingsway and Our Lady of Sorrows School Districts (2-Top RatedSchools), this well-maintained home features a bright living room with a walk-out to the rear patio and garden, a large separate dining room, anda functional kitchen with ample cupboard space. The second floor offers three generously sized bedrooms, all with large windows and crownmoulding. The primary bedroom includes a double closet and dressing room, while the second bedroom features a walk-in closet. Hardwoodfloors run throughout the main and second floors. The finished lower level, with a separate side entrance, adds additional living space with aspacious family room featuring above-grade windows, a laundry room, utility room, 3-piece ensuite, and multiple storage areas. Great potentialfor a lower-level apartment. Ideally located in the heart of Kingsway, this home is close to top-rated schools, including Lambton-Kingsway PS,Our Lady of Sorrows CS, Kingsway College School and Etobicoke Collegiate Institute, and within walking distance to Humber Town ShoppingCentre and Kingsway Mills Shopping Centre for convenient shopping, dining, and everyday amenities. Walking distance to Bloor St or a short busride away, this home has incredible transit convenience.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,331
Lot Size32.75 ft x 100 ft
mls© NumberW13485332
Listed ByROYAL LEPAGE REAL ESTATE SERVICES 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%
$6,653
Property tax
$444
Heat allowance
$150
Housing costs
$7,248 / mo

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

Down payment20% · $259,980
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,470 / mo
Cash down
$259,980

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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