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Humbermede, Toronto
$1,058,900
Spacious Detached Raised Bungalow In A Great Family Friendly Location. Close To Transit And Amenities Including Hwy. Updated Window Throughout. Living Room Has 2 Large Bay Windows. Separate Entrance To Finished Basement. Basement Apartment With 4 Bedroom, Currently Rent For $2600 Monthly. Potential To Covert It TO Duplex. Situated On A Large 60 Ft X 124 Ft Lot, Wide Lot With Ample Parking. Spacious, Well- Maintained Layout. Listing Agent Has Interest In This Property (See Disclosure In Schedule B).
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,057 |
| Lot Size | 60 ft x 124.33 ft |
| mls© Number | W13419364 |
| Listed By | HOMELIFE/GTA 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%
- $5,420
- Property tax
- $338
- Heat allowance
- $150
- Housing costs
- $5,908 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$182,000
gross annual household income
- Payment at 4%
- $4,456 / mo
- Cash down
- $211,780
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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