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New7 days ago

14 Songwood Drive

Humbermede, Toronto

$900,000

Semi-Detached |Bungalow-Raised
3 | 2 | 5
About this home

Welcome to 14 Songwood Drive, a well-kept raised bungalow in the established Humbermede neighbourhood of Toronto. This spacious semi-detached home offers a functional layout, generous parking, an attached built-in garage, and a separate entrance to the lower level. The main floor features a comfortable living area, dining area, kitchen, and three bedrooms. The kitchen is finished with ceramic tile flooring, while the remaining main-floor living areas and bedrooms feature hardwood floors. The living and dining areas have been divided by an interior wall, creating additional flexibility for a variety of uses while maintaining the home's three-bedroom configuration. The lower level offers a spacious recreation room, kitchen, and laundry area, all with ceramic flooring. With its separate entrance and versatile layout, the basement provides excellent potential for extended family, guests, or rental use. Enjoy an attached built-in garage and a generous driveway with approximately four additional parking spaces. Conveniently located close to transit, schools, parks, shopping, major roads, and everyday amenities. A well-maintained home offering versatile living space, excellent parking, and outstanding potential in a desirable Toronto community.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,612
Lot Size30 ft x 150 ft
mls© NumberW13761360
Listed ByIQI GLOBAL REAL ESTATE

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,607
Property tax
$301
Heat allowance
$150
Housing costs
$5,058 / mo

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

Down payment20% · $180,000
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$180,000

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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