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New2 hours ago

1 Lagos Road

Rexdale-Kipling, Toronto

$929,900

Detached|Sidesplit 3
3 | 3 | 3
About this home

Move right in and enjoy this renovated 3+1-bed, 3-bath detached sidesplit on a 40 x 140 ft lot in Etobicoke's Rexdale-Kipling neighbourhood. The kitchen features modern cabinetry, a built-in wall oven and microwave, stainless steel appliances, a high-end stone countertop and backsplash, and a peninsula that opens to the dining area. The bright living room offers large front windows, plus pot lights, custom built-ins and a shiplap feature wall added in 2023. The finished lower level sits partly above grade, so it gets natural light, and has its own separate side entrance. It currently includes a rec room, a 3-piece bath and a home office that can serve as a 4th bedroom, making it a great fit for multigenerational living or a growing family. A massive storage area handles seasonal items, sports equipment and more. The furnace was replaced in 2023. Out back, a large, sunny yard with a garden shed and a newly built fence is ready for kids, gardening, entertaining or relaxing. A private driveway parks 3 cars. Steps to TTC and close to schools, parks, walking trails, shopping and everyday amenities. Minutes to GO Transit, Humber College, Costco, Woodbine Centre, Pearson Airport and Highways 401, 400 and 427 - this home combines everyday convenience with exceptional living space.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit 3
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,454
Lot Size40 ft x 140 ft
mls© NumberW13864864
Listed BySUTTON GROUP - SUMMIT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,760
Property tax
$288
Heat allowance
$150
Housing costs
$5,197 / mo

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

Down payment20% · $185,980
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,913 / mo
Cash down
$185,980

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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