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New2 hours ago

72 Seventh Street

New Toronto, Toronto

$700,000

Detached|2-Storey
0 | 0 | 1
About this home

Fantastic opportunity to build your dream home in this high demand area of New Toronto. This large 25' x 125' lot sits just 5 minutes walking distance from Lake Ontario. With easy access to the TTC, Go Transit and major highways, commuting is a breeze from this central location. Schools, Parks, Local shops and restaurants are all just a short walk away.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$4,811
Lot Size25 ft x 125 ft
mls© NumberW13737040
Listed ByHOMELIFE LANDMARK REALTY INC.

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%
$3,583
Property tax
$401
Heat allowance
$150
Housing costs
$4,134 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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