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Listed 16 days ago

122 Cordella Avenue

Rockcliffe-Smythe, Toronto

$649,900

Semi-Detached |Bungalow
3 | 1 | 3
About this home

Chance to own semi-bungalow, great opportunity for renovators, potential for basement department, three-bedroom, unfinished basement, long private driveway, park 3 to 4 cars in convenient location, steps to TTC, minutes to new Eglinton LRT, quick access to major highways, parks, and schools and shopping centres

Extras

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Got questions?

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,650
Lot Size32.25 ft x 159.58 ft
mls© NumberW13585404
Listed ByRE/MAX REALTY SPECIALISTS INC.

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%
$3,326
Property tax
$304
Heat allowance
$150
Housing costs
$3,781 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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