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New2 hours ago

22 Katherine Road

Downsview-Roding-CFB, Toronto

$799,000

Detached|Bungalow
3 | 2 | 5
About this home

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.

Extras

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,850
Lot Size41.21 ft x 132.2 ft
mls© NumberW13861214
Listed ByRIGHT 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.

Down payment20% · $159,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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