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Beechborough-Greenbrook, Toronto
$1,179,900
Beautiful custom-built home offering over 2600 sq ft of living space with 3 bedrooms, 4 bathrooms and a double car garage. The bright main floor features an open-concept living and dining area with hardwood flooring, a powder room, and a spacious modern kitchen with over 11-ft ceilings, stainless steel appliances, a centre island, and a breakfast area with walk-out to the deck. The second floor features hardwood flooring throughout, a generous primary bedroom with a 4-piece ensuite, wall-to-wall custom built-in cabinetry, and a double closet. Two additional bedrooms and a full bathroom complete the upper level. The bright basement, with a separate side entrance, offers excellent flexibility. It features a large recreation room with rough-ins for a potential kitchen, a walk-out to the front patio, a full bathroom, and a rear family room with a walk-out to the backyard, making it ideal for extended family or future income potential. The property also features a private backyard and rear access to a double-car garage with additional workshop space. Conveniently located close to parks, schools, transit, restaurants, and shops.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,039
- Property tax
- $578
- Heat allowance
- $150
- Housing costs
- $6,767 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$208,000
gross annual household income
- Payment at 4%
- $4,965 / mo
- Cash down
- $235,980
Assumes no other monthly debts · 25-yr amortization
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