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Price Change$877,000

8 Stanwood Crescent

Humbermede, Toronto

$829,000

Detached|Sidesplit 5
4 | 4 | 5
About this home

***Spacious 5-split detached single family home or amazing Investment Opportunity! This property is Suitable for possible 4 plex as per the new Zoning Bylaw. Possible rental income one garage parking and 4 drive parking, and a sidewalk. Own As An Investment Or Live In With A Substantial Possible Rental Income** Large Detached Five Split With ***a 47' Frontage!!.Large lot overlooking onto Bluehaven Park and trail.***The property is minutes away from the New Finch West LRT line, it is close to shopping, schools, groceries, and banks. Close to Highways. One Seller Is A Rra***** Property Is Being Sold In "As Is" "Where Is" Condition With No Express Or Implied Warranties on Property, Chattels, And Fixtures.**Note: The pictures in the listing are from an older time period. Some appliances have been changed.***Property inspection report is available****** Seller & Agent Make No Rep And/Or Warranties With Respect To The Retrofit Status Of Subject Property.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$4,283
Lot Size47 ft x 114 ft
mls© NumberW13489036
Listed ByREMAX YOUR COMMUNITY 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%
$4,243
Property tax
$357
Heat allowance
$150
Housing costs
$4,750 / mo

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

Down payment20% · $165,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,489 / mo
Cash down
$165,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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