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Listed 1 month ago

11 Melchior Drive

West Hill, Toronto

$800,000

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 11 Melchior Drive, a bright and spacious bungalow offering exceptional value in a wonderful family-friendly neighbourhood. Situated on a generous lot, this lovingly cared-for home has been cherished by the same family for many years and showcases pride of ownership throughout.The main level features an updated kitchen, updated flooring, and a functional layout filled with natural light. The finished lower level offers a separate entrance, above-grade windows, its own kitchen, brand new flooring, fresh paint, and separate laundry, creating excellent flexibility for extended family, multi-generational living, or potential income opportunities.Thoughtfully updated and meticulously maintained over the years, this move-in-ready home offers comfortable living both upstairs and down. Families will appreciate the unbeatable location, just steps from schools, parks, and everyday amenities. Enjoy easy access to the nearby community centre, indoor skating rink, outdoor pool, library, sports fields, playgrounds, and a wide variety of recreational programs for all ages. Whether you're looking for space to grow, room for family, excellent income potential, or simply outstanding value in an established neighbourhood, 11 Melchior Drive presents a rare opportunity to own a versatile and well-cared-for home at an exceptional price point. *Some Photos Are Virtually Staged.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,929
Lot Size50 ft x 100 ft
mls© NumberE13519402
Listed ByRE/MAX WEST REALTY INC.

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%
$4,095
Property tax
$327
Heat allowance
$150
Housing costs
$4,572 / mo

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

Down payment20% · $160,000
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

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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