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Listed 19 days ago

245 Florence Avenue

Lansing-Westgate, Toronto

$2,199,000

Detached|2-Storey
4 | 4 | 3
About this home

Step into this bright, sun-filled home where luxury meets everyday comfort. The impressive mainfloor features soaring 10-foot ceilings, elegant herringbone hardwood flooring, and beautifully crafted coffered ceilings in the formal living and dining rooms, creating a sophisticated andinviting atmosphere.The spacious family-sized eat-in kitchen is designed for entertaining and everyday living,offering a large centre island, two sinks, stainless steel appliances, and an open-concept layout overlooking the family room.Walk out to your own private backyard oasis featuring a spacious deck and hot tub-perfect for relaxing or hosting family and friends.This exceptional home offers 4 generously sized bedrooms and 4 bathrooms. A separate entranceto the basement provides excellent potential for an in-law suite or future income opportunity.Completing the home is a heated, finished garage with direct access to the mudroom for added convenience.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$10,796
Lot Size25 ft x 129 ft
mls© NumberC13571102
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

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%
$11,255
Property tax
$900
Heat allowance
$150
Housing costs
$12,305 / mo

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

Down payment20% · $439,800
25-yr amortization

Income needed

$379,000

gross annual household income

Payment at 4%
$9,254 / mo
Cash down
$439,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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