65 Elnathan Crescent
Humber Summit, Toronto
$920,000
Fantastic Investment or First-Time Buyer Opportunity.Renovated 3-bedroom bungalow with two self-contained basement units, each with a separate entrance, kitchen, and bathroom. Bright main floor with updated finishes and zebra blinds. Ideal for multi-generational living or live-in plus rental setup. As per sellers current basement rental income approx. $3000/month, main floor approx $3000/Month.. total house rental potential around $6000++ Upper level Features:Spacious 3-bedroom main level. Two finished basement apartments. Separate entrances for all units. Updated kitchens and bathrooms. Move-in ready condition. Location:Steps to public transit and the new Finch West LRTClose to schools, parks, shopping, grocery, and banksQuick access to Highways 400, 401, and 407. A solid property in a high-demand area with strong income potential.
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| Type | Semi-Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,039 |
| Lot Size | 30.04 ft x 120.14 ft |
| mls© Number | W12701480 |
| Listed By | HOMES HOMES REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,709
- Property tax
- $253
- Heat allowance
- $150
- Housing costs
- $5,112 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,872 / mo
- Cash down
- $184,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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