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New2 days ago

53 Kingslake Road

Don Valley Village, Toronto

$1,150,000

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

Opportunity Knocks in Don Valley Village! This well-loved family home sits in one of North York's most convenient pockets of Don Valley Village and is ready for its next family. The main floor offers a combined living and dining area - perfect for family gatherings or entertaining. The bright, immaculate kitchen offers a walkout to the side yard, making it easy to BBQ. The main floor has a separate family room with direct access/entry from the garage into the family room area which also walks out to the backyard! This bonus space offers you real flexibility to have a home office, a guest room for overnight visitors, or a place for the kids to unwind at the end of the day. A main floor powder room adds everyday convenience. Upstairs, three good-sized bedrooms and an updated 4-piece bathroom complete the living space. The lower level gives you even more room to work with. Set it up as a rec room, an in-law suite, nanny's quarters or simply extra space for your extended family. It's ready to take shape around the way you live. Unbeatable location where schools are within walking distance, Fairview Mall is a short stroll away, and Don Mills subway station is around the corner, making getting downtown or across the city fast and simple! Drivers are minutes from Highways 404, 401, 407, &the DVP. Parks, local shops, and everyday amenities round out this beautiful neighbourhood that families have loved for decades.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 3
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,916
Lot Size50 ft x 150 ft
mls© NumberC14120832
Listed ByREAL BROKER ONTARIO 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
$493
Heat allowance
$150
Housing costs
$6,529 / mo

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

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

Income needed

$201,000

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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