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New7 days ago

8 Midhurst Drive

West Humber-Clairville, Toronto

$800,000

Detached|Bungalow
3 | 3 | 6
About this home

This versatile multi-unit property in West Humber offers a bright, functional upper-level home paired with two separate lower-level basement apartments, making it an ideal choice for extended family living or strong rental income potential. Upper level has 3 well-proportioned bedrooms. 1 full bathroom, combined living and dining area open concept. Spacious eat-in kitchen with functional layout. Lower level (2 basement apartments) each features: 2 bedrooms, a full kitchen, a living room, and 1 bathroom. Large backyard offering endless options for outdoor recreation, gardening, or a private patio space. A generous private driveway providing ample extra car parking spaces to easily accommodate tenants and guests.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,798
Lot Size50.06 ft x 110.13 ft
mls© NumberW14145462
Listed ByHOMELIFE CLASSIC REALTY INC.

Listing History

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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%
$4,095
Property tax
$316
Heat allowance
$150
Housing costs
$4,561 / mo

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

Down payment20% · $160,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

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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