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Listed 2 months ago

46 Melchior Drive

West Hill, Toronto

$758,000

Detached|Bungalow
3 | 2 | 6
About this home

Wow! One-of-a-Kind West Hill Bungalow! Over 2100 sq feet of living space plus a 450 sq ft garage with additional loft storage. This home is nestled on a quiet, family-friendly street, and has been lovingly maintained by the same family for over 60 years-and it shows. Offering 3 generous bedrooms, formal living and dining rooms, and pride of ownership throughout, this is a rare opportunity to own a truly special home.The standout tandem drive-through heated garage is fully insulated, equipped with extra power, and features a convenient storage loft-perfect for hobbyists, car enthusiasts, or additional storage needs. Outside, the beautifully maintained property is enhanced by an in-ground sprinkler system, making lawn care effortless.The separate side entrance leads to a fully finished basement featuring a spacious recreation room with a cozy gas fireplace, a large additional room that could serve as a bedroom, office, or hobby space, complete with a wall of built-in storage. The oversized mechanical room offers even more built-in storage and includes a 3-piece bathroom.Major updates have already been completed, including updated mechanical systems, newer windows, and a newer roof, providing peace of mind for years to come.A truly remarkable home with endless possibilities-move in and enjoy this summer!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,178
Lot Size40 ft x 116 ft
mls© NumberE13414994
Listed ByRE/MAX ROUGE RIVER REALTY LTD.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,880
Property tax
$348
Heat allowance
$150
Housing costs
$4,378 / mo

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

Down payment20% · $151,600
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,190 / mo
Cash down
$151,600

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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