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Listed 2 months ago

15 Boniface Avenue

Elms-Old Rexdale, Toronto

$788,818

Detached|Bungalow
2 | 2 | 6
About this home

Opportunity knocks at 15 Boniface Ave! This solid 2+3 bedroom bungalow sits on a generous 44 x 114 ft lot in a highly convenient Toronto location. Offering a functional layout with 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. This home provides flexible living options for families and investors. The main floor features a 4-piece bath, while the lower level includes a 3-piece bath. A separate rear door from the kitchen provides direct access to a spacious backyard complete with patio and awning - perfect for outdoor enjoyment. The property also includes a detached garage, shed, and extended driveway with parking for up to 5 vehicles. Whether you're looking to live, renovate or build, this property checks every box. Steps to Highway 401, Costco, Walmart, Canadian Tire, Schools, Parks, and TTC. Walking distance to Tennis Courts, Ice Arena & Outdoor Swimming Pool. The location alone makes this a standout. A fantastic opportunity with endless potential! *Some pictures are virtually staged*

Extras

No extras listed.

TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,424
Lot Size44 ft x 114 ft
mls© NumberW13161180
Listed ByRE/MAX PREMIER 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%
$4,038
Property tax
$285
Heat allowance
$150
Housing costs
$4,473 / mo

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

Down payment20% · $157,764
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,319 / mo
Cash down
$157,764

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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