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Listed 8 days ago

23 Hutchcroft Avenue

Milliken, Toronto

$1,489,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome to 23 Hutchcroft Avenue - A majestic detached family home owned by the same family since new in 1985. This home boasts 4+2 bedrooms, 5 bathrooms and nearly 4000 square feet of total living space. A grand circular staircase greets you upon entry, up to a primary suite w/ a 4pc ensuite & dual sinks, large walk-in closet, double entry doors, and more. Eat-in kitchen, separate executive office with built-in cabinetry, and a large family room with wood-burning fireplace, that leads out to the back deck. Separate main floor laundry room for extra convenience. The extra large basement with rec room with custom bar is an entertainer's dream, plus 2 additional bedrooms and spacious bathroom. Oversized double garage. Ideal for multi-family/growing families, and parking for 4 cars. The potential in this home is unmatched!!! Steps to schools, parks, shopping and multiple transit options, in a highly sought after neighbourhood. This home is a must see!!!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,305
Lot Size39.51 ft x 110.38 ft
mls© NumberE13705970
Listed ByREAL 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%
$7,621
Property tax
$609
Heat allowance
$150
Housing costs
$8,380 / mo

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

Down payment20% · $297,800
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,266 / mo
Cash down
$297,800

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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