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Listed 3 months ago

1311 King Street W

South Parkdale, Toronto

$1,849,000

Semi-Detached |3-Storey
5 | 2 | 2
About this home

Fantastic opportunity for Renovators, Investors, end users of Mixed Use, or those seeking an income-generating property in one of Toronto's most desirable west-end neighbourhoods. Rare opportunity to own a versatile semi-detached 3-storey property with legal non-conforming storefront use, located in the vibrant Parkdale community, just steps to Roncesvalles Village and the Lake. This unique property features a main floor storefront and a spacious 3-level apartment with 5 bedrooms, 1.5 bathrooms, and a functional kitchen layout ideal for extended family living or live/work potential. Two Hydro Meters and 2 Hot Water Tanks Separate basement entrance provides added flexibility for storage or additional living space possibilities. Rear laneway access with 2 parking spots is a rare city convenience. Situated close, parks, shops, restaurants, hospitals, schools, places of worship, major highways, and TTC public transit.

Extras

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$12,063
Lot Size20.33 ft x 100 ft
mls© NumberW13125250
Listed ByRE/MAX WEST REALTY 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%
$9,464
Property tax
$1,005
Heat allowance
$150
Housing costs
$10,619 / mo

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

Down payment20% · $369,800
25-yr amortization

Income needed

$327,000

gross annual household income

Payment at 4%
$7,781 / mo
Cash down
$369,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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