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Mount Olive-Silverstone-Jamestown, Toronto
$888,888
Welcome To 110 Stevenson Drive. Set On A Generous 45 x 149 FT Lot, Offering An Excellent Opportunity for Homeowners Or Investors. Already Zoned As A Duplex! This Rarely-Offered Detached Backsplit Property Provides An Exceptional Potential For Investors, Renovators, Or Those Looking For Multi-Generational Living. With 7 Bedrooms, A Functional Layout, And A Separate Entrance To A Finished Basement, The Home Provides A Flexible Foundation For Income-Generating Possibilities Or A Full-Scale Transformation. Conveniently Located In Proximity To Schools, Parks, Shopping Centres, Highway 427, Highway 407, Highway 401, Pearson International Airport, And Transit. This Is An Opportunity To Unlock The Full Potential Of A Well-Located Property In An Established Neighborhood.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,203 |
| Lot Size | 45.5 ft x 149.77 ft |
| mls© Number | W13821318 |
| Listed By | RE/MAX METROPOLIS REALTY |
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%
- $4,550
- Property tax
- $434
- Heat allowance
- $150
- Housing costs
- $5,133 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,741 / mo
- Cash down
- $177,778
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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