100 Merkley Square
Morningside, Toronto
$995,000
Welcome, 100 Merkley Sq Toronto. This home Beautiful Large Bungalow On A 115 feet deep Lot In A Desirable Morningside Area! This Well-Built Brick Home Offers, 4 Sizeable Bedrooms, 2.5 Baths, 2 Kitchens, Spacious Family Room. A Separate Basement Side Entrance Allows Possible In-Law Suite Or Rental Opportunities! Great Central Location! A Short Walk To Schools & Parks. Minutes To Hwy 401, Shopping Mall, Centennial College, University Of Toronto, Centenary Hospital.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,200 |
| Lot Size | 45.04 ft x 115 ft |
| mls© Number | E13723298 |
| Listed By | RE/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%
- $5,093
- Property tax
- $350
- Heat allowance
- $150
- Housing costs
- $5,593 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$172,000
gross annual household income
- Payment at 4%
- $4,187 / mo
- Cash down
- $199,000
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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