285 Gilbert Avenue
Caledonia-Fairbank, Toronto
$850,000
Fantastic Detached, 2-Storey home on quiet Street, Move-in ready w/ 3 bedrooms, 3 washrooms in excellent condition & tons of upgrades. Fabulous, eat-in kitchen w/ double sink, gas stove, ceramic floor & backsplash, Quartz counters, pot Lights, window overlooking backyard, door accessing backyard. 2nd Floor w/ hardwood floors wall to wall, Primary Bedroom w/ double doors, Large 6 pc bathroom (Double sinks, Bide, toilet, bathtub & glass shower) w/ ceramic floors & Ceramic walls, Window. Couple of Weeks Newly renovated basement w/ newer doors, laminate flooring with an attached rubber pad, pot lights, Windows Above Grade, Newer 3 pc washroom, Tankless Water Heater, Sum Pump. Double Car Garage w/ access from Rear Laneway. Private, fenced backyard.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,392 |
| Lot Size | 23.43 ft x 127.19 ft |
| mls© Number | W13835704 |
| Listed By | FORTES REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,351
- Property tax
- $449
- Heat allowance
- $150
- Housing costs
- $4,950 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$152,000
gross annual household income
- Payment at 4%
- $3,577 / mo
- Cash down
- $170,000
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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