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Price Change$948,000

39 Checkendon Drive

Rexdale-Kipling, Toronto

$899,000

Detached|Bungalow-Raised
3 | 2 | 7
About this home

**Spacious Raised Bungalow with 3 Bedrooms Up, 2 Bedrooms Down & Income Potential!**A wonderful opportunity in an established, family-friendly Etobicoke neighbourhood! This lovingly maintained, move-in-ready raised bungalow offers a versatile layout with **5 bedrooms in total and 2 separate kitchens**, providing excellent flexibility for extended family living or potential rental accommodation. The main floor features a bright, open-concept living and dining area with large windows, an updated kitchen, 3 spacious bedrooms and a 4-piece bathroom.**The spacious lower level is a standout feature**, offering a separate kitchen, 2 bedrooms, a large recreation room and a 3-piece bathroom, plus additional space that could potentially accommodate a 3rd bedroom. Bright, clean and versatile, this level offers plenty of room for extended family, an in-law arrangement, guests or potential rental income. Currently accessed from inside the home, the layout offers the potential to create a separate entrance by adding two interior doors. Enjoy the spacious, fully fenced backyard surrounded by mature trees and greenery-ideal for relaxing, gardening and outdoor entertaining. The private driveway accommodates up to six vehicles. Additional features include central A/C (2024), an owned hot water tank and newer appliances. Conveniently located close to Etobicoke Humber Park, Humber River trails, Rivercrest Junior School, public transit, shopping and everyday amenities, with easy access to Highways 401 and 427 and Kipling GO Station.**A versatile home offering generous living space, multiple living options and potential for additional income!**

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,966
Lot Size45 ft x 119.97 ft
mls© NumberW13775408
Listed ByKELLER WILLIAMS EMPOWERED REALTY

Listing History

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  • 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%
$4,601
Property tax
$331
Heat allowance
$150
Housing costs
$5,082 / mo

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

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

Income needed

$156,000

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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