23 Bowood Avenue
Lawrence Park North, Toronto
$1,700,000
***Location Is Everything. In Lawrence Park North, Just Steps To Yonge St & The Subway Is Situated On A Large 28Ft Frontage With Rare Private Driveway & Detached Garage With Total Parking For 4 Cars In This Very Desirable Neighbourhood***Newer Hardwood Floor***Wainscotting***The Updated Kitchen Offers A Breakfast Room Boasting An Extra Large Picture Window Overlooking The Fully Fenced Yard & Walk Out To The 2 Tier Deck For Family Enjoyment & Entertaining Friends***Sunny Southern Exposure***Gas Furnace***Finished Basement With A Separate Side Entrance***Highly sought-after Bedford Park Public School and Lawrence Park CI***Walking To Yonge Street With The Subway, Shops, Restaurants And Amenities***Lovely Recently Renovated 2-Storey Home With Private Backyard***
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,701
- Property tax
- $737
- Heat allowance
- $150
- Housing costs
- $9,589 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$295,000
gross annual household income
- Payment at 4%
- $7,154 / mo
- Cash down
- $340,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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