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Listed 2 months ago

388 O'Connor Drive

East York, Toronto

$899,000

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to 388 O'Connor Drive - a beautifully updated classic all-brick bungalow in the sought-after Four Oaks Gate community. Nestled up against Four Oaks Gate Park and community green space, this home offers the perfect blend of family living, convenience, and investment potential. Enjoy your morning coffee on the charming front porch. Stroll throught the park just next door while taking in the vibrant neighbourhood atmosphere where kids play, pets roam with their owners, and neighbours connect. Inside, the spacious sun-filled living and dining area creates a warm and inviting space for everyday living and entertaining. The renovated kitchen, freshly paint throughout, updated flooring, and refreshed bathrooms make this home truly move-in ready.The lower level offers exceptional flexibility with two separate entrances, generous living space, new floors, and a renovated 3-piece bathroom - ideal for extended family, multi-generational living, a nanny suite, or income potential with a close-to-rent setup. Families will appreciate access to excellent local schools including Diefenbaker Elementary and Cosburn Middle School. Commuters will love the unbeatable convenience with TTC transit at your doorstep, easy connections to the subway, plus quick access to the Don Valley Parkway for effortless travel in and out of the city.Whether you're searching for a welcoming family home, a smart investment property, or a flexible living arrangement with income potential, this special property offers endless opportunity in one of East York's most connected and community-focused neighbourhoods. Don't miss your chance to own this exceptional home in desirable Four Oaks Gate.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,816
Lot Size30 ft x 100 ft
mls© NumberE13171598
Listed ByROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

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%
$4,601
Property tax
$318
Heat allowance
$150
Housing costs
$5,069 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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