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Featured
New2 days ago

165 Wedgewood Drive

Newtonbrook East, Toronto

$1,398,000

Detached|Backsplit 3
3 | 2 | 5
About this home

Welcome to 165 Wedgewood Dr. This Exceptional detached Backsplit is Situated on a Premium Deep Lot (40"6"x 215'4"). Located in the Highly Desirable Newtonbrook East Area Close to Schools, Parks,Yonge Street and All Amenities.Excellent Public transit connections. Walking distance to Cummer Ave and Willowdale Ave TTC buses.Close to Finch Subway/Bus Station and regional GO Bus Terminal, providing easy access to Downtown Toronto, York and Peel Region.Great Growth Potential for a Young Starter Family to continue with Minor Renovations, or to Build a Custom Home in a Builder's Dream Lot!This Solid Brick Backsplit Features 3+1 Bedrooms & 2 Full Bathrooms. Driveway has space for 5 cars.This house is being sold by the Original Owners.The Interior/exterior has been freshly painted. Many doors have been replaced, and the bathrooms renovated or upgraded. The Basement is finished with a Rec Room, Bedroom, and a 3-piece Bathroom and a Separate Entrance.The property has a very large backyard with a southern exposure that is a private oasis that must be seen to be appreciated.Incredible Opportunity to Renovate further, Rebuild a single-family home, Garden Suite or Triplex.Invest in a Coveted Neighborhood with Tremendous Future Value!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,024
Lot Size40.63 ft x 216.09 ft
mls© NumberC14031190
Listed ByROYAL LEPAGE SIGNATURE 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%
$7,156
Property tax
$752
Heat allowance
$150
Housing costs
$8,058 / mo

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

Down payment20% · $279,600
25-yr amortization

Income needed

$248,000

gross annual household income

Payment at 4%
$5,883 / mo
Cash down
$279,600

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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