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New2 hours ago

5 1/2 Luttrell Avenue

East End-Danforth, Toronto

$895,000

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

Your first place - and it actually feels like yours. A freehold 2-storey semi in the east end, renovated top to bottom, with private parking and potential to build a laneway house down the road.The enclosed front porch with its exposed brick wall is the reading nook/drop zone or the "let the groceries sit for a sec" extra room many semi's this size don't have. Open living and dining, pot lights throughout, gleaming floors and an open staircase. The kitchen was built for someone who actually cooks, or wants to learn how: quartz counters, an island with a breakfast bar and feature hood range, stainless appliances, and two skylights that keep the whole space sunlit. Sliding glass doors open to a private backyard. Upstairs, two bedrooms with closets (primary bedroom storage unit will stay) and a fully renovated 3-piece bath. The finished basement flexes as a home office, playroom, guest room or movie den, with laundry tucked in.The expensive things are already handled - heat pump with A/C, roof, skylights and main sewer line all recently done. The heat pump means no gas bill, which matters more than it sounds when you're buying your first house. Steps to the Danforth's coffee, shops and restaurants, and a short walk to the Bloor-Danforth line. Flexible closing.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,062
Lot Size14.25 ft x 100 ft
mls© NumberE14097238
Listed ByRIGHT AT HOME REALTY

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%
$4,581
Property tax
$255
Heat allowance
$150
Housing costs
$4,986 / mo

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

Down payment20% · $179,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,766 / mo
Cash down
$179,000

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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