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Birchcliffe-Cliffside, Toronto
$1,199,000
This home is located on a Large 53 x 120 deep premium lot in Cliffside Village. 2 driveways, one leading to the backyard. Close to TTC, Go Train, Shopping and schools. Live or build your dream home on this large lot.
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Listing History
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%
- $6,137
- Property tax
- $366
- Heat allowance
- $150
- Housing costs
- $6,653 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$205,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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