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Don Valley Village, Toronto
$1,150,000
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.
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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%
- $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.
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
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