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Wexford-Maryvale, Toronto
$799,000
**CLIENT REMARKS**Excellent opportunity for first-time buyers, investors, or renovators. Detached bungalow situated on a spacious 40 x 125 ft lot in the desirable Wexford-Maryvale community, just steps from public transit and close to shopping, schools, recreation facilities, places of worship, and the hospital.The bright main floor features hardwood flooring, two bedrooms, a spacious living and dining area, and a kitchen with a walkout to the backyard. The lower level offers a separate entrance, kitchen, family room with gas fireplace, two bedrooms, den, and three-piece bathroom, providing excellent additional living space and income potential.Private driveway with parking for three vehicles. The fenced backyard features a covered porch, interlocking stone, mature landscaping, and a water fountain with pond.The property is currently tenanted and is being sold on an "as is, where is" basis. Buyers and their agents must conduct their own due diligence regarding the existing tenancies, rental income, measurements, condition of the property, and the use and retrofit status of the basement.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,734 |
| Lot Size | 40 ft x 125 ft |
| mls© Number | E13577790 |
| Listed By | REAL ESTATE HOMEWARD |
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
- $228
- Heat allowance
- $150
- Housing costs
- $4,467 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$137,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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