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Listed 3 months ago

8 Nordic Place

Parkwoods-Donalda, Toronto

$1,200,000

Detached|Backsplit 3
3 | 2 | 3
About this home

Welcome to this perfectly maintained, move-in condition home in the desirable Parkwoods neighbourhood. This home has a big backyard ideal for entertainers and gardeners. Both a peach and cheery tree are present. The practical family-friendly layout has direct access to the large patio off the kitchen and a walkout to the backyard from the family room. There is lots of storage space inside in the cellar and outside in the sheds. The home has excellent access to schools, Broadlands Park, attractive walking paths and trails, the shopping plaza on Underhill, and the Don Mills Shopping Center. Don Valley and 401 access is excellent.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,834
Lot Size36 ft x 103.39 ft
mls© NumberC13494642
Listed ByRE/MAX ULTIMATE REALTY 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%
$6,142
Property tax
$653
Heat allowance
$150
Housing costs
$6,945 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

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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