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New5 days ago

99 Finch Avenue E

Willowdale East, Toronto

$1,749,000

Detached|Backsplit 4
3 | 2 | 8
About this home

Large Lot - 50.06 X 143.86 Ft With Plenty Of Parking ; Clean And Spacious 4 Lvl Backsplit, Currently Use As office, financial company; Located East Of Yonge St West Of Willowdale, Walking Distance To Yonge/Finch Subway Station. Finished Basement With Separate Entrance; Excellent For Residential, With Permitted Usage As - Teaching, Institutional, Place Of Worship, Day Nursery, Professional Office, Etc.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$30,193
Lot Size50 ft x 160 ft
mls© NumberC13864866
Listed ByARCREALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,952
Property tax
$2,516
Heat allowance
$150
Housing costs
$11,618 / mo

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

Down payment20% · $349,800
25-yr amortization

Income needed

$357,000

gross annual household income

Payment at 4%
$7,360 / mo
Cash down
$349,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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