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Price Change$3,599,000

188 Alfred Avenue

Willowdale East, Toronto

$2,999,000

Detached|2-Storey
5 | 7 | 4
About this home

***A MUST-SEE PROPERTY*** Spectacular Luxury Custom-built Masterpiece Family Home. Only 4 years Old. On a Prime 50 ft in Famous Willowdale East* 5 Brooms with 5 Ensuites, Luxury Foyer with 20 ft Ceiling, Hardwood floors, Spectacular Kitchen with Breakfast Area, Central Island, Granite Counter tops & Back splash, Stainless Steel Appliances, Pantry room with Dishwasher & Sink, Walk out to Concrete Deck with a Nine ft Ceiling Storage Under. Former Family Room with Fireplace, Elegant dining and Living Rooms.Two laundry Rooms , one second floor and one in the basement.radiant heating all first and bsmt floors.electrical heating floor in Master Ensuite. Central vacuum--additional retractable vacuum under kitchen sink.Two furnaces and two air conditioners. Speakers at the all first main floor ceiling and basement.Water sprinkler system. 2 bedrooms in basement--full size kitchen with rough-in in basement--10' ceiling bsmt. Fully landscaped back yard with mature trees*

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$19,098
Lot Size50 ft x 113.75 ft
mls© NumberC13153610
Listed ByARCREALTY INC.

Listing History

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  • 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%
$15,350
Property tax
$1,592
Heat allowance
$150
Housing costs
$17,092 / mo

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

Down payment20% · $599,800
25-yr amortization

Income needed

$526,000

gross annual household income

Payment at 4%
$12,620 / mo
Cash down
$599,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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