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Annex, Toronto
$5,950,000
A sophisticated urban lifestyle on one of Yorkville's most desirable streets (between Avenue & Bedford Road), steps to shopping, restaurants, galleries & schools. With its impressive proportions and abundant natural light, this detached 3-storey home presents an opportunity to create a state-of-the-art residence in the heart of the city. Floor-to-ceiling windows, a beautiful staircase and a large third-floor skylight are among the home's distinctive features. The kitchen and breakfast area also enjoy natural light from above, while the adjoining den walks out to a beautiful two-level city garden, creating a private outdoor retreat. The second floor could be transformed into an exceptional primary suite. The lower level features above-grade windows and walk-outs to both the front of the home and the garden. A double built-in garage with direct access to the home completes the offering. A distinctive Yorkville address, ready for its next chapter.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $30,455
- Property tax
- $2,629
- Heat allowance
- $150
- Housing costs
- $33,234 / mo
Lenders cap these at 39% of gross income โ that sets the number.
Income needed
$1,023,000
gross annual household income
- Payment at 4%
- $25,039 / mo
- Cash down
- $1,190,000
Assumes no other monthly debts ยท 25-yr amortization
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