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New3 hours ago

111 Jones Avenue

South Riverdale, Toronto

$800,000

Detached|2-Storey
2 | 1 | 0
About this home

Live in the heart of Leslieville, one of the best neighbourhoods in the city. This is a cute, fully-detached home with no shared walls and no condo fees. The open concept main floor offers enough space to live, work and entertain. Upstairs you'll find a roomy primary bedroom that will become your afterwork sanctuary when it gets flooded with late afternoon light. There's also a second bedroom, perfect for a home office, a guest room or a place for a child to grow. Access through a walkout on the main level leads you to the backyard which contains a large, insulated shed that can be used as a workshop, workout space or extra storage. There's also a private fenced patio area to relax under the shade of mature trees. Everything you need is within walking distance: amazing restaurants, trendy boutiques, specialty shops, schools, the public library, rec centres, independent food shops, four major grocery stores, Home Depot and Canadian Tire, plus numerous parks and multiple transit routes, including the future Ontario Line. All this can be yours outside your front door.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,420
Lot Size17 ft x 70 ft
mls© NumberE14089434
Listed ByREAL ESTATE HOMEWARD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,095
Property tax
$368
Heat allowance
$150
Housing costs
$4,613 / mo

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

Down payment20% · $160,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,367 / mo
Cash down
$160,000

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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