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Dorset Park, Toronto
$1,095,000
Welcome to this truly rare find in Dorset Park, you'll discover a massive-sized bungalow, with a large addition family room & upper principal bedroom, (2166 sqft per MPAC). In this area, most homes are in the 1100 sqft range. Nestled on a huge 62 ft frontage (most properties are on a 40 ft frontage). The generous family room has a gas fireplace, "As is", walkout to a well-maintained backyard, 2 newer heat pumps throughout the home, driveway can accommodate 6 cars, good size concrete front verandah, principal bedroom has clerestry windows (similar to skylight). Both you & your clients will be impressed with this 2166 sqft space, owned by its proud original owner! Note, property is heated with a gas fired hot water boiler with basement radiators, and is cooled and heated two-zone mini split heat pump. MASSIVE SIZED HOME & PROPERTY SIZE!!! 2166 sq ft, 2166 sq ft, 2166 sq ft, 2166 sq ft!!!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,605
- Property tax
- $373
- Heat allowance
- $150
- Housing costs
- $6,127 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$189,000
gross annual household income
- Payment at 4%
- $4,608 / mo
- Cash down
- $219,000
Assumes no other monthly debts · 25-yr amortization
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