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Featured
New2 hours ago

62 Edilou Drive

Alderwood, Toronto

$975,000

Semi-Detached |2-Storey
3 | 3 | 4
About this home

Welcome to 62 Edilou Drive, ideally situated on a quiet cul-de-sac in the highly sought-after Alderwood community. This bright and inviting home offers 3+1 bedrooms, 2.5 bathrooms and a spacious eat-in kitchen featuring a pantry and walkout to the deck. A separate side entrance leads to an impressive finished lower level, complete with a 4th bedroom, recreation room and3-piece bathroom-ideal for extended family, entertaining or potential rental income. Set on a generous lot with an impressive 45' rear width, the home offers charming curb appeal, driveway parking for up to 4 cars and plenty of outdoor space for family enjoyment. Enjoy the best of Alderwood living with nearby schools, parks, Long Branch GO Station and the Ford Centre, plus exceptional access to the Gardiner Expressway, QEW and Highway 427. A wonderful opportunity to live in one of Etobicoke's most desirable family-friendly communities.

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agent
Jonathan Lee
(647) 983-0770
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,343
Lot Size29 ft x 110 ft
mls© NumberW14013922
Listed ByRE/MAX PROFESSIONALS INC.

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%
$4,990
Property tax
$362
Heat allowance
$150
Housing costs
$5,502 / mo

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

Down payment20% · $195,000
25-yr amortization

Income needed

$169,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$195,000

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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