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New3 hours ago

268 Jones Avenue

South Riverdale, Toronto

$1,280,000

Semi-Detached |2 1/2 Storey
3 | 3 | 1.5
About this home

Updated brick semi-detached home with a separate basement entrance, an oversized garage, and a backyard that allows for extra parking. The main floor has an open-concept living and dining area, a three-piece bathroom, and a direct walk-out to the backyard. The second floor contains three bedrooms, a four-piece bathroom, and a walk-out balcony off one of the bedrooms. The finished third floor includes a large recreation room that can be used as an additional bedroom. The fully finished basement has income potential and includes a kitchen, a three-piece bathroom, a washer and dryer, and two dens that can function as bedrooms. Located minutes from the TTC, DVP, Gardiner Expressway, and local schools.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,935
Lot Size19.9 ft x 100 ft
mls© NumberE14122864
Listed ByLIN`S GLOBAL REALTY CORPORATION

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%
$6,552
Property tax
$495
Heat allowance
$150
Housing costs
$7,196 / mo

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

Down payment20% · $256,000
25-yr amortization

Income needed

$221,000

gross annual household income

Payment at 4%
$5,386 / mo
Cash down
$256,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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