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Price Change$799,000

57 Creekbank Road

Rustic, Toronto

$899,000

Freehold Townhouse|3-Storey
3 | 4 | 2
About this home

Don't miss out on this beautifully maintained legal duplex townhouse built by Fernbrook Homes. Offering the perfect blend of modern living with strong rental income potential. Ideal for multi-generational families, or investors. This upscale property features two well-designed units with separate entrance access and high-end finishes throughout. The main unit offers a sophisticated layout with hardwood floors, granite countertops, stainless steel appliances, a skylight, along with three spacious bedrooms and modern bathrooms. Family room can easily be converted to 4th bedroom allowing for higher returns!! The second unit provides separate living, bathroom, kitchen, and convenient same-level laundry, making it perfect for tenants or extended family. The property can also generate between $5,200-$5,600 per month in rental income, presenting a strong and reliable cash-flow opportunity! Conveniently located minutes from Highway 401 & 400, GO Transit, Union Station, Mount Dennis Station, and Pearson Airport, with bus stops, parks, playgrounds, schools, and shopping plazas just steps away, this versatile home offers exceptional value in one of Toronto's most desirable and well-connected neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$6,095
Lot Size15 ft x 75 ft
mls© NumberW13487808
Listed ByRE/MAX EXPERTS

Listing History

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  • 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%
$4,601
Property tax
$508
Heat allowance
$150
Housing costs
$5,259 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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