Great Opportunity for Investors, First-Time Buyers or Extended Families in the Highly Sought-After Alderwood Community! This Charming Detached Bungalow Features a Completely Modern-Renovated Main Floor with 2 Bedrooms, Stylish Kitchen with Granite Counters, Vinyl Flooring Throughout, and a Walkout from the Bedroom to the Sun Deck and Beautifully Landscaped Backyard. The Lower Level Offers an Additional Bedroom, Bathroom, Kitchen and Separate Entrance-Ideal for Extended Family or Rental Income Potential. Located in a Family-Friendly Neighbourhood with Well-Regarded Local Schools and Convenient Access to GO Transit, Highways, Pearson Airport, Shopping, Parks and Everyday Amenities. Live Upstairs and Enjoy the Flexibility and Income Potential of the Lower Level!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,321 |
| Lot Size | 25.55 ft x 125.44 ft |
| mls© Number | W13756130 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
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%
- $5,057
- Property tax
- $360
- Heat allowance
- $150
- Housing costs
- $5,567 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $4,158 / mo
- Cash down
- $197,600
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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