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Listed 18 days ago

53 Howes Street

Central West, Ajax

$1,199,000

Detached|2-Storey
4 | 4 | 4
About this home

RARE AJAX OPPORTUNITY - SPACE, LOCATION & INCOME ALL IN ONE! This well-maintained, carpet-free 4-bedroom, 4-washroom home features granite kitchen countertops, a bright functional layout and a spacious primary bedroom with an ensuite highlighted by a skylight. The finished basement offers 2 additional bedrooms and is currently generating $2,150/month in rental income. Backyard gate opens directly to the school grounds - perfect for families. Ideal for end users or investors looking for income potential and added value. DON'T MISS IT!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,854
Lot Size40.07 ft x 110.02 ft
mls© NumberE13675380
Listed ByRE/MAX ACE REALTY INC.

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%
$6,137
Property tax
$655
Heat allowance
$150
Housing costs
$6,942 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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