800 Davenport Road
Wychwood, Toronto
$1,125,000
Prime Location in Vibrant Wychwood! This renovated home offers an exceptional opportunity for homeowners and investors alike! Featuring a spacious main floor, 3 bedrooms on the second floor, 2 kitchens, and a basement with a separate entrance, this property provides excellent flexibility for extended family living or potential rental income. Enjoy a bright, open-concept layout, a modern renovated kitchen, and functional living spaces.Conveniently located steps from TTC, schools, George Brown College, Dupont & Christie subway stations, parks, restaurants, grocery stores, cafés, and local shops. Situated in one of Toronto's most desirable neighbourhoods, this property is ideal for families, professionals, and investors seeking convenience and investment potential.Live in, rent out, or invest - the choice is yours!
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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%
- $5,758
- Property tax
- $441
- Heat allowance
- $150
- Housing costs
- $6,349 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$195,000
gross annual household income
- Payment at 4%
- $4,734 / mo
- Cash down
- $225,000
Assumes no other monthly debts · 25-yr amortization
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