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New1 day ago

8 Midhurst Drive

West Humber-Clairville, Toronto

$830,000

Detached|Bungalow
3 | 3 | 6
About this home

Welcome to 8 Midhurst Drive, a beautiful detached bungalow located in the highly sought-after West Humber Clairville neighbourhood of Etobicoke. This spacious home offers 3 bedrooms & 1 Bathroom on the main level and 2 self contained units in the basement! Each boasting 2 bedrooms, 1 full washroom and kitchen! Rental space for up to 4 separate tenants! Use the perfectly located separate entrance to your advantage and gain passive income while living in your graciously sized above grade bungalow. Great opportunity for multi-generational living and investment opportunities. Prime Location Highlights: Steps to public transit (bus stop within 1min walk). Minutes to Highways 427 & 401.Close to Humber College and University of Guelph-Humber. Nearby William Osler Health System hospital. Walking distance to parks, recreational facilities, restaurants, and major shopping at Albion Centre and Woodbine Centre.This home is perfect for families, investors, or anyone seeking a turn-key property in a fantastic location. Whether you're looking to live in and enjoy or rent out for income, this home checks all the boxes. Flexible closing available don't miss out on this must-see property! Almost 2100 Sq.Ft of Living Space!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,798
Lot Size50.06 ft x 110.13 ft
mls© NumberW13785716
Listed ByROYAL LEPAGE MEADOWTOWNE 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%
$4,248
Property tax
$316
Heat allowance
$150
Housing costs
$4,715 / mo

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

Down payment20% · $166,000
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,493 / mo
Cash down
$166,000

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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