116 Seventh Street
New Toronto, Toronto
$1,350,000
Great Opportunity To Live By The Lake! Enjoy Life, Indoors & Out. In This Stylish & Tastefully Updated 3 Bedroom Sweet Family Home! Well-Loved & Move-In Ready! Sep Entrance Basement and Kitchen. Walk To Waterfront Trails W/ Shops, Restos & Streetcar For Easy Access To Downtown. This Incredible Home & Neighbourhood Has It All. Incredible Value W/ So Much Potential! Don't Miss Out On This Opportunity!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,957 |
| Lot Size | 27 ft x 125 ft |
| mls© Number | W13539592 |
| Listed By | KW Living Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,910
- Property tax
- $413
- Heat allowance
- $150
- Housing costs
- $7,473 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $270,000
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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