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Rockcliffe-Smythe, Toronto
$1,089,000
Turn-Key Detached Investment Opportunity In Toronto's Fast-Growing West-End. Ideally Located Just Steps From The Vibrant And Sought-After Junction Neighbourhood, Steps To Parks, Schools, Transit And Amenities. Vibrant Local Cultural Scene W/ Craft Breweries, Art Galleries, And Event Venues All Within A 10 Minute Walk. This Thoughtfully Renovated 2+2 Bed, 3-Bath Home Features A Bright Open-Concept Main Floor With New Designer Kitchen, 3 Full Bathrooms (A Rare Upgrade). New Wide-Plank Hickory Engineered Wood Flooring. New Heat Pump for Heating And Air Conditioning. New Landscaping W/ Pollinator Garden & Permeable Surfacing. Separate Entrance To A Fully-Finished, Bright, Fully-Separated Accessory Basement Apartment With Second Kitchen. Offers Exceptional Income Potential. New Detached Double-Door 2-Car Garage W/ Well-Lit, Winter-Maintained Laneway Access - Offering Future Laneway Suite Potential. Move-In Ready. Ideal For Investors. Smart Alternative To Semi or Condo. Detached Living With Rental Income - A Rare Opportunity!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,352 |
| Lot Size | 25.05 ft x 111.15 ft |
| mls© Number | W12979312 |
| Listed By | HOUSESIGMA INC. |
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%
- $5,574
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $6,087 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$187,000
gross annual household income
- Payment at 4%
- $4,583 / mo
- Cash down
- $217,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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