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Caledonia-Fairbank, Toronto
$999,000
Charming Stone-Front Bungalow with Endless Potential! Welcome to this beautifully maintained 2-bedroom bungalow, offering the perfect blend of cozy comfort and incredible future investment potential. The main floor features a bright, welcoming living room, a spacious eat-in kitchen with plenty of charm, and two comfortable bedrooms filled with natural light. Step downstairs via the separate side entrance to find a fully finished basement recreation room, perfect for a home gym, media center, or family hangout. Complete with a rough-in kitchen, this lower level provides a seamless opportunity to create an in-law suite or secondary unit for excellent income potential. Situated on a generously sized lot with mature fruit trees, the outdoor space offers plenty of room for gardening, entertaining, or future expansion. Parking and storage are a breeze with the detached 1.5-car garage. Location matters. You'll be just minutes from the new LRT, making commuting easier and helping secure long-term property value, close to all amenities, and schools. Don't miss out on this versatile gem!
No extras listed.
| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,852 |
| Lot Size | 31 ft x 142 ft |
| mls© Number | W13444320 |
| Listed By | ROYAL LEPAGE SUPREME REALTY |
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%
- $5,113
- Property tax
- $321
- Heat allowance
- $150
- Housing costs
- $5,584 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$172,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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