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Listed 2 months ago

42 High Park Boulevard

High Park-Swansea, Toronto

$4,199,000

Detached|2 1/2 Storey
6 | 7 | 7
About this home

*Stately Edwardian brick home with a lush front garden and landscaped backyard. *Situated on a 50 feet by 150 feet lot. *Many possibilities: a single family home or multi-generational home or 5 or 6 unit multiplex on three floors. *Current use: 5 self-contained units on 3 floors *Three (3) units are vacant *The tenants in two (2) rented units are month to month *The house has 2 sets of staircases leading to an exit on two sides of the house (west and east) *The main floor unit is a 2-bedroom unit with 1,565 Sq Ft, with a large foyer, living room with fireplace, open concept kitchen & family room, 2 bedrooms, powder room, ensuite bathroom. *The second floor contains two (2) x 1-bedroom units, each approximately 780 Sq Ft. *The third floor unit is a 2-bedroom unit approximately 1,537 Sq Ft, with a huge open concept living area & kitchen, plus 2 bedrooms with closets , 1 bath room and 1 powder room. *The basement unit is a 2-bedroom unit with own exit door and terrace, approximately 1,000 Sq Ft, with an open concept living area & kitchen plus 2 bedrooms and bathroom. *Detached 2 car garage with wide driveway and with garden suite potential and 5 outside parking spaces. *Ductless ACs. (40618469)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$16,334
Lot Size50 ft x 150 ft
mls© NumberW13236284
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$21,492
Property tax
$1,361
Heat allowance
$150
Housing costs
$23,004 / mo

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

Down payment20% · $839,800
25-yr amortization

Income needed

$708,000

gross annual household income

Payment at 4%
$17,670 / mo
Cash down
$839,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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