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Listed 2 months ago

56 Samba Drive

Humbermede, Toronto

$1,058,900

Detached|Bungalow-Raised
3 | 2 | 6
About this home

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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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,057
Lot Size60 ft x 124.33 ft
mls© NumberW13419364
Listed ByHOMELIFE/GTA REALTY INC.

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%
$5,420
Property tax
$338
Heat allowance
$150
Housing costs
$5,908 / mo

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

Down payment20% · $211,780
25-yr amortization

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 check

Investment Analysis

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

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