Price Change$6,800,000
12 centre Avenue
Newtonbrook East, Toronto
$4,500,000
Detached|1 1/2 Storey
0 | 0 | 4
About this home
Fantastic property with Developmental potential, over 301 feet depth, Third property from Yonge street, Official plan is calling for high rises in the area, surrounded by properties that applied for high rises.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $8,222 |
| Lot Size | 50.03 ft x 301.7 ft |
| mls© Number | C9255196 |
| Listed By | REALTY WAY CORPORATION |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $23,033
- Property tax
- $685
- Heat allowance
- $150
- Housing costs
- $23,868 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $900,000
25-yr amortization
Income needed
$734,000
gross annual household income
- Payment at 4%
- $18,937 / mo
- Cash down
- $900,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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