296 Rustic Road
Rustic, Toronto
$1,699,000
Welcome to 296 Rustic Road, a solidly built, custom two-story home on a large 50 by 150 foot lot. Featuring a finished basement, two bedrooms upstairs, and a unique design ready for your personal touches, this home offers endless potential. Renovate it to your taste or rebuild a brand new dream home. Nestled in a transitioning, up-and-coming neighborhood with a wave of new builds, this area is poised for growth. The property backs onto a park, offering serene views, and includes a one-car garage. Don't miss this exceptional opportunity in a prime, growing location!
No extras listed.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $7,677 |
| Lot Size | 50 ft x 150.66 ft |
| mls© Number | W13632122 |
| Listed By | LPT 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%
- $8,696
- Property tax
- $640
- Heat allowance
- $150
- Housing costs
- $9,486 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$292,000
gross annual household income
- Payment at 4%
- $7,150 / mo
- Cash down
- $339,800
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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