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Downsview-Roding-CFB, Toronto
$799,000
A rare opportunity to own a fully renovated detached home on an impressive 41 by 132 foot lot, complete with a separate entrance basement suite and excellent income potential. Sun filled and move in ready, the home offers 3+1 spacious bedrooms, 2 bathrooms, 2 kitchens, and a garage, giving families the space they need with the added flexibility of an in law suite, multigenerational living, or potential rental income. Step outside to a massive backyard with plenty of room to entertain, play, garden, or simply enjoy the kind of outdoor space that is increasingly difficult to find in Toronto. The street has a mature, established character, while a growing collection of newly built custom homes is bringing fresh investment and renewed appeal to the neighbourhood. Location completes the picture. Moments from Wilson subway station, Highways 400 and 401, Yorkdale Shopping Centre and York University, with well regarded schools, parks and everyday conveniences all close by. With detached living, a substantial lot, versatile lower level and a neighbourhood continuing to evolve, 22 Katherine Road is an opportunity with both immediate appeal and exciting long term potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,850 |
| Lot Size | 41.21 ft x 132.2 ft |
| mls© Number | W13861214 |
| Listed By | RIGHT AT HOME 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%
- $4,090
- Property tax
- $404
- Heat allowance
- $150
- Housing costs
- $4,644 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
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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