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New3 hours ago

56 Arlington Avenue

Wychwood, Toronto

$1,150,000

Detached|2-Storey
3 | 2 | 1
About this home

Wonderful opportunity to put your own stamp on this two-storey St. Clair West home. The main floor features an open-conceptliving and dining area, laminate flooring and an eat-in kitchen with a walkout to the rear deck and private backyard. Thebasement includes a recreation area, laundry, storage and a second bathroom. Laneway access to a detached garage providesparking and additional storage space. Located in the heart of the sought-after Wychwood neighbourhood. Just steps to St. ClairAvenue West, you'll enjoy an excellent selection of cafes, restaurants, bakeries, boutiques and everyday conveniences. Nearbyparks, Wychwood Barns, the popular Saturday Farmers' Market and the West Toronto Railpath provide plenty of opportunitiesto enjoy the outdoors, while excellent schools and convenient TTC access make everyday living easy.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,397
Lot Size20 ft x 125 ft
mls© NumberC14082868
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$5,886
Property tax
$616
Heat allowance
$150
Housing costs
$6,653 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$205,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

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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