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New3 hours ago

56 Winston Avenue

Birchcliffe-Cliffside, Toronto

$599,000

Semi-Detached |2-Storey
3 | 2 | 2
About this home

An opportunity to buy in Birchcliffe at $599,000 and renovate a home to make it your own. This three bedroom semi sits on a corner lot with a private backyard and parking for two. The home needs substantial renovation and offers an enclosed front porch, hardwood floors in the living and dining rooms, and a kitchen with a walkout to the back deck. All three bedrooms are upstairs, along with a full bathroom. There's a second bathroom in the basement.The location is a big part of the appeal. Enjoy coffee and dinner in Kingston Road Village, afternoons at Blantyre Park and easy access to neighbourhood schools, transit and the Beach. It's a chance to create the home you want in an established east end neighbourhood. Property is being sold in "as is, where is" condition.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,581
Lot Size15.1 ft x 105 ft
mls© NumberE14161778
Listed ByROYAL LEPAGE ESTATE REALTY

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%
$3,066
Property tax
$382
Heat allowance
$150
Housing costs
$3,598 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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