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Junction Area, Toronto
$959,000
This is the recently renovated and converted multi-unit property you've been looking for. Greatfor investors and end users. Each self contained unit has been meticulously designed with agreat layout, allowing 3 functional and stylish units. Each unit is open concept and modern,attracting AAA tenants to achieve over 7% gross cap rate. Or live in one unit and rent out theothers.This property is turn key and well maintained, easy to manage with key pad entry and lockboxset up. The main floor is a 2 bedroom unit, the second floor also has 2 bedrooms where one roomwalks out to a balcony. The basement is a well designed 1 bedroom unit. Laundry is shared andlocated on the main floor. 2 parking spots, accessible by lane way. There is also a beautifulshared front yard set up with seating to relax.Location is unbeatable, in trendy Junction area. Big box stores and restaurants across thestreet and The Stockyards is close by for all your shopping needs. TTC is right at yourdoorstep.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,806 |
| Lot Size | 19 ft x 120 ft |
| mls© Number | W13790940 |
| Listed By | CITYSCAPE REAL ESTATE LTD. |
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%
- $4,909
- Property tax
- $484
- Heat allowance
- $150
- Housing costs
- $5,542 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $4,036 / mo
- Cash down
- $191,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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