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New4 hours ago

72 William Duncan Road

Downsview-Roding-CFB, Toronto

$1,068,000

Freehold Townhouse|3-Storey
5 | 3 | 2
About this home

Located in North York, just minutes from York University, public transit, shopping, restaurants, parks and everyday amenities, this property offers an investment opportunity with established rental income and additional potential. The property features 5 rented rooms, all currently occupied. Current monthly rents are $1,250 for each of two rooms with balconies, $1,150 for each of two additional rooms, and $1,650 for the top-level room, generating a total of $6,450 per month in current rental income.The unfinished basement offers potential for additional living space, including the possibility of two bedrooms, subject to applicable approvals and permits. Conveniently located in a well-connected North York neighbourhood, this property provides current rental income with potential for future improvements.

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agent
Jonathan Lee
(647) 983-0770
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age0-5
Size2500-3000 sq. ft.
Property Tax$5,850
Lot Size14.78 ft x 69.2 ft
mls© NumberW13827590
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$5,467
Property tax
$488
Heat allowance
$150
Housing costs
$6,104 / mo

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

Down payment20% · $213,600
25-yr amortization

Income needed

$188,000

gross annual household income

Payment at 4%
$4,494 / mo
Cash down
$213,600

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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