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Listed 2 months ago

30 Fallowfield Road

Rexdale-Kipling, Toronto

$990,000

Detached|Bungalow
3 | 3 | 4
About this home

Welcome to this exceptional detached bungalow situated on a quiet private cul-de-sac in a prime Etobicoke location. This beautifully maintained home features 3 + 3 spacious bedrooms and 3 bathrooms, offering an open-concept layout filled with natural light through large windows throughout the main floor.The bright and functional main level includes generous living spaces, modern finishes, and well-sized bedrooms, making it ideal for families or investors alike.The fully finished legal basement apartment features a separate entrance and offers an additional 3 bedrooms, 2 bathrooms, and a large kitchen, creating excellent rental income potential or multigenerational living opportunities. Step outside to enjoy an extra-long private driveway leading to a spacious fenced backyard complete with a swimming pool - perfect for entertaining and relaxing.Highly sought after Neighborhood with Transit just steps away. Close to Schools, Hospitals, Places of Worship, Costco, Walmart, Canadian Tire etc. Easy access to Highway 401/407/400 and 10 min drive to Toronto Pearson Airport.A rare opportunity to own a versatile income-generating property in one of Etobicoke's most desirable neighbourhoods. Don't miss out!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,800
Lot Size45 ft x 120 ft
mls© NumberW13238268
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,067
Property tax
$317
Heat allowance
$150
Housing costs
$5,534 / mo

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

Down payment20% · $198,000
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$4,166 / mo
Cash down
$198,000

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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