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Palmerston-Little Italy, Toronto
$899,000
Attention Renovators, Contractors, Builders and Developers. Welcome to Little Italy. Easily Convert Into A Dream Single Family Home Or Renovate Into Three Units To Generate Incredible Income Or Live In One Unit And Rent Out The Others. Upper Floor: 3-Bed, 1-Bath, Main Floor: 1-Bed, 1-Bath. Lower Floor: 1-Room, 1 Bath. Virtual Tour And Floorplans Attached. Vacant Possession.
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,063 |
| Lot Size | 14.92 ft x 100 ft |
| mls© Number | C13756772 |
| Listed By | VALERY REAL ESTATE 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%
- $4,601
- Property tax
- $505
- Heat allowance
- $150
- Housing costs
- $5,257 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$162,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
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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