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New3 hours ago

40 Avon Avenue

Rockcliffe-Smythe, Toronto

$849,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to this charming and spacious Detached bungalow on a Deep lot in the desirable Rockcliffe-Smythe neighborhood. This long well laid out Home features 2 Bedrooms on the main floor & 2 additional Bedrooms in the Basement, with 2 kitchens offering great flexibility for extended family or additional living arrangements. The main floor includes a bring Living room & 4 Piece bath, while the basement offers a generous family Room, wet bar & a walkout to a beautiful patio, perfect for family gatherings & Summer BBQ's. Enjoy a large back yard ideal for gardening & growing Vegetables plus a 1 Car garage &, 2 additional laneway Parking Spaces A wonderful family home with space, comfort, and endless possibilities! Close to everything just steps away including, Hwy's, Shops, bakeries, Restaurants and so much more. Don't miss this one!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,599
Lot Size20 ft x 193 ft
mls© NumberW13843086
Listed ByROYAL LEPAGE IGNITE 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%
$4,346
Property tax
$300
Heat allowance
$150
Housing costs
$4,795 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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