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Listed 2 months ago

227 Sheppard Avenue W

Lansing-Westgate, Toronto

$2,080,000

Detached|Bungalow
2 | 2 | 6
About this home

Great Central North York Location! This House Has Open Concept Layout, Updated Kitchen W/Backsplash and Ceramic Floors, Hardwood Floors Throughout The Main Level. Fully Upgraded Basement with New Vinyl Floors, Freshly Painted Throughout, Additional Parking at The Back, Steps To Subway, Shopping And Entertainment. Great Residential/Commercial Opportunity For Developers and Rent!

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$8,039
Lot Size40 ft x 110 ft
mls© NumberC13443170
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%
$10,646
Property tax
$670
Heat allowance
$150
Housing costs
$11,466 / mo

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

Down payment20% · $416,000
25-yr amortization

Income needed

$353,000

gross annual household income

Payment at 4%
$8,753 / mo
Cash down
$416,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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