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Listed 8 days ago

40 Wortham Drive

Woburn, Toronto

$939,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Behind this classic brick bungalow is a home with far more space-and far more potential-than you might expect. 40 Wortham Drive offers three bedrooms, one washroom on the main floor, an additional bedroom and washroom downstairs, making the layout ideal for growing families, multigenerational living or anyone who needs flexible space. The main level is bright and welcoming, with hardwood floors, a spacious living and dining area, an eat-in kitchen and direct access from the primary bedroom to the backyard deck. Downstairs, the finished lower level provides even more room to spread out. With a separate side entrance and a full bathroom already in place, there is exciting potential to create a secondary suite or private living area, subject to the appropriate approvals. The backyard is the unexpected showstopper. While the property begins with approximately 40 feet of frontage, the pie-shaped lot widens significantly toward the rear, creating an impressively large, private yard shaded by mature trees. There is plenty of space for children, pets, gardens, entertaining or simply enjoying a quiet afternoon outdoors. Complete with an attached one-car garage and a well-cared-for interior, this is a solid home with great bones, a versatile layout and the kind of backyard that is becoming increasingly difficult to find in the city.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,477
Lot Size40 ft x 106 ft
mls© NumberE13610490
Listed ByColdwell Banker Electric 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%
$4,806
Property tax
$290
Heat allowance
$150
Housing costs
$5,246 / mo

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

Down payment20% · $187,800
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,951 / mo
Cash down
$187,800

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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