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Listed 2 months ago

49 Learmont Drive

Willowridge-Martingrove-Richview, Toronto

$1,299,000

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

Over 2100 Sq Feet Of Indoor Living Space! Beautifully Renovated 3+2 Bdrm Raised Bungalow With Unobstructed Park Views! Lush 113 X 65 Corner Lot Offers Many Opportunities With Outdoor Lounge Space, Dining Space And The Perfect Size Lot For A Pool! Lots Of Windows And Loads Of Sun, Spacious Eat-In Kitchen, Lovely Family Room And Dining Room With Dual Fireplace, 3 Bdrms On Main Level And Additional 2 Bdrms On Lower Level. Separate Entrance Is Perfect For Rental Income Or In-Law/ Nanny Suite. Ample Storage, Large Laundry Room With Rough In For Kitchen. This Home Offers Great Opportunity. Close To Tennis Courts, Splash Pad And Park, Walk To Separate, French And High Schools.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,427
Lot Size113.32 ft x 65.46 ft
mls© NumberW13456296
Listed ByHARVEY KALLES REAL ESTATE LTD.

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%
$6,649
Property tax
$369
Heat allowance
$150
Housing costs
$7,168 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$221,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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