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New3 hours ago

53 Wilmar Road

Islington-City Centre West, Toronto

$1,329,000

Detached|Bungalow
4 | 3 | 3
About this home

Fantastic opportunity for homeowners, multi-generational families or investors! Detached 4+2 bedroom home on an impressive 50 x 120 ft. lot offering 3 separate living areas and excellent income potential. The main residence features hardwood floors, thermal windows and an open-concept living, dining and kitchen area. Separate bachelor suite with kitchen and bathroom, plus a spacious 2-bedroom lower-level suite. Detached 1 1/2 car garage and parking for five cars. Live on the main floor and have income. Surrounded by multimillion dollar homes. Steps to Kipling Subway and GO Transit-a versatile property offering space, flexibility and income potential in a convenient central location Etobicoke location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,829
Lot Size49.97 ft x 120 ft
mls© NumberW13749136
Listed ByRE/MAX PROFESSIONALS 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%
$6,802
Property tax
$486
Heat allowance
$150
Housing costs
$7,438 / mo

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

Down payment20% · $265,800
25-yr amortization

Income needed

$229,000

gross annual household income

Payment at 4%
$5,593 / mo
Cash down
$265,800

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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