1608 Weston Road
Weston, Toronto
$1,349,000
Wow! Rarely Offered! High Exposure-Corner Freestanding Fronting Directly On Weston Road! Great Live In Or Investment Opportunity With 2 Updated 1 Bedroom Apartments + A Main Floor Rear Bachelor Suite + A Front Office/Retail Space With Freestanding Signage. 2 Front Parking Spaces + 6 Rear Private Parking Spaces. Al Apts Have Separate Entrances. 200 Amp Service. 50 Gal Hwt, Wall A/C Units. 2 Updated Kitchens, Updated Baths, New Flooring, Sep Hydro Meters. **EXTRAS** 2 New Entry Doors, 3 Fridges & 3 Stoves (As Is Condition) 4 Entrances (3 Rear Apts & 1 Front Entrance) Existing Zoning May Allow For More Uses. TTC At Front & Easy Walk To Union Pearson Train & Go Station. All Apts & Front Retail Tenanted.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,886 |
| Lot Size | 27.2 ft x 120.4 ft |
| mls© Number | W13463126 |
| Listed By | HOMELIFE PRINCIPLE REAL ESTATE |
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%
- $6,905
- Property tax
- $491
- Heat allowance
- $150
- Housing costs
- $7,545 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$232,000
gross annual household income
- Payment at 4%
- $5,677 / mo
- Cash down
- $269,800
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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