41 Lakeview Avenue
Trinity-Bellwoods, Toronto
$1,650,000
***Prime Income-Producing Property In The Heart Of Trinity Bellwoods!*** Welcome To 41 Lakeview Ave, A Well-Kept 2-Storey Duplex Offering A Fantastic Opportunity For Both Investors And End Users. Currently Generating Approximately $89,424 In Gross Annual Rental Income, This Property Offers Strong Income Potential In One Of Toronto's Most Sought-After Neighbourhoods. Updated Interiors And Quality Finishes Add To The Property's Appeal, While The Established Tenancies Provide An Immediate Source Of Rental Revenue. An Ideal Option For A Savvy Investor Looking To Expand Their Portfolio Or A Buyer Who Wants To Occupy Part Of The Property While Benefiting From Additional Rental Income. Surrounded By The Best Of City Living With Easy Access To Transit, Parks, Schools, Shops, Restaurants And Everyday Essentials. A Rare Opportunity To Own A Versatile Income Property In The Vibrant Trinity Bellwoods Community!
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,300 |
| Lot Size | 19.75 ft x 100 ft |
| mls© Number | C13767434 |
| Listed By | VILENSKY 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%
- $8,445
- Property tax
- $608
- Heat allowance
- $150
- Housing costs
- $9,204 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$283,000
gross annual household income
- Payment at 4%
- $6,943 / mo
- Cash down
- $330,000
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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