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Featured
Listed 2 months ago

297 Kennedy Road

Birchcliffe-Cliffside, Toronto

$799,000

Detached|Bungalow
2 | 2 | 3
About this home

This stunning, fully renovated, inside and out, 2+2 bedroom, 2 kitchen bungalow sits on an impressive 40 x 125ft lot, offering endless possibilities, including a massive Garden Suite. Step inside to discover a bright and airy open-concept living space, featuring elegant crown molding, LED lighting, and stylish Engineered Hardwood flooring throughout. The modern kitchen is complete with stainless steel appliances, sleek cabinetry, quartz counters and conveniently located across the dining and living area, perfect for entertaining. The main floor boasts two spacious bedrooms with ample closet space and organizers and a luxurious bathroom featuring a modern vanity and a large glass shower. Second bedroom has sliding doors and walk out to a large deck overlooking the Private backyard and mature evergreens. The fully finished basement with Separate Entrance is perfect for an in-law suite or rental potential. The basement features a full kitchen with quartz counters, 2 Bedrooms, Full washroom and a spacious Rec Room! Basement also features a convenient shared large laundry room! Outside, the large private driveway provides ample parking, while the massive backyard offers incredible future potential including building a large Garden Suite. Located close to parks, schools, transit, and amenities, this home is a true gem. Don't miss this fantastic opportunity!

Extras

No extras listed.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,846
Lot Size40 ft x 125 ft
mls© NumberE13445372
Listed ByROYAL LEPAGE SIGNATURE 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%
$4,090
Property tax
$321
Heat allowance
$150
Housing costs
$4,560 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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