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1260 Danforth Road

Eglinton East, Toronto

$945,000

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 1260 Danforth Road. A move-in ready 3 bedroom bungalow with a bright, separate entrance 2 bedroom unit in the basement. This charming home is steps to Eglinton, TTC and shopping. The home features 2 big kitchens, 5 bedrooms with potential for 6 bedrooms, 2 bathrooms and 2 large living rooms. Perfect for first time buyers looking to have help with the mortgage or a family with multi-generational relatives. The main level has hardwood throughout, lots of natural light, a formal dining room and good size bedrooms. The basement space features a side separate entrance, a large family room, 2 big bedrooms with above grade windows and comfortable ceiling height. Don't miss this great opportunity.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,225
Lot Size55 ft x 114.75 ft
mls© NumberE14146756
Listed ByZUMIN REAL ESTATE CENTRE

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%
$4,837
Property tax
$352
Heat allowance
$150
Housing costs
$5,339 / mo

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

Down payment20% · $189,000
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,977 / mo
Cash down
$189,000

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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