38 Southbourne Avenue
Lansing-Westgate, Toronto
$1,338,000
Welcome to 38 Southbourne Ave. This Detached 4 Bedroom Home Has a Large Lot of 55FT x 83Ft Irregular in the Bathurst & Wilson Prime Central Location. Finish Basement With Side Entrance potentially for Extra Income. Washroom on Every Floor. Long Driveway and Larger Outdoor Front Walkway and Oversize Backyard. Lots of Sunlight. Steps to No Frills, Places of Worship, Transitand One Bus to The Subway.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,744 |
| Lot Size | 55 ft x 83 ft |
| mls© Number | C13527148 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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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%
- $6,848
- Property tax
- $645
- Heat allowance
- $150
- Housing costs
- $7,644 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$235,000
gross annual household income
- Payment at 4%
- $5,631 / mo
- Cash down
- $267,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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