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Rockcliffe-Smythe, Toronto
$790,000
Renovators, Investors & Contractors look no further for a Rare Opportunity to own a cherished home that has been in the same family for 75 years! Bring your vision and unlock the potential of this charming older home. Imagine the possibilities with the RM zoning on this property. This 3+1 Bedroom, 2 Bathroom home offers plenty of character, a generous lot with partially fenced backyard loaded with perennials. Get excited to create a modern space of your own. The Main Floor features classic retro character, a cozy layout with plenty of possibilities, principal bedroom with large custom walk-in closet & options for another bedroom, office den or larger dining area. Side entrance leads to the lower level which offers an in-law suite with additional living space, a huge workshop area, lots of storage and a bonus storage area under the large covered porch. The generous lot provides lots of natural sunlight with the southwest exposure, a detached garage, a patio for outdoor dining and lots of room for kids to play. Enjoy the convenience of being within walking distance of several schools, shopping, the ever popular Smythe Park & Outdoor Pool and everyday amenities. Leave the car behind with the convenient access to 4 transit stops right outside. A great location, a large lot and loads of potential make this a property worth exploring!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,122 |
| Lot Size | 20 ft x 115 ft |
| mls© Number | W13803294 |
| Listed By | ROYAL HERITAGE REALTY LTD. |
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%
- $4,044
- Property tax
- $260
- Heat allowance
- $150
- Housing costs
- $4,454 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$137,000
gross annual household income
- Payment at 4%
- $3,324 / mo
- Cash down
- $158,000
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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