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Listed 2 months ago

14 Kirby Road

Downsview-Roding-CFB, Toronto

$899,000

Detached|1 1/2 Storey
4 | 3 | 6
About this home

**Incredible Investment Opportunity - MUST SEE!!**. 1.5-story residence offers income-generating potential, situated on a spacious 50 x 120 lot with opportunities for expansion, including the addition of a garden suite. The main home features four bedrooms, while the separate two-bedroom basement suite boasts its own entrance With Income Potential! Shared laundry facilities and three full bathrooms enhance functionality. Ample parking accommodates six vehicles within the private driveway, complemented by dual fenced side yards. Many Quality Upgrades Throughout, Absolutely Stunning! **EXTRAS** Maximum Garden Suite Area: 60 Sq. m/ Set Back from Property Line, min 1.5m/ set back from existing House, 5m or 7m Depending on the design and area proposed.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,770
Lot Size50 ft x 120 ft
mls© NumberW13172282
Listed ByHOMELIFE KINGSVIEW REAL ESTATE 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%
$4,601
Property tax
$314
Heat allowance
$150
Housing costs
$5,066 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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