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New4 hours ago

37 Jocada Road

Maple Leaf, Toronto

$1,249,000

Detached|Bungalow
3 | 2 | 5
About this home

Solid brick detached bungalow on a 40 x 140.16 ft lot in Toronto's established Maple Leaf community. The main level offers 3 bedrooms, hardwood flooring through the living room and bedrooms, a separate living room, and a bright kitchen with adjoining breakfast area and walkout to the side balcony. A 3-piece bathroom completes the main floor. The full finished basement provides substantial additional living space with a large recreation room featuring a gas fireplace and wet bar, a second kitchen combined with dining area, 3-piece bathroom, laundry room, cold room/cantina with built-in shelving, and additional storage. The basement walk-up provides convenient access to the side entry and directly into the attached garage, adding practical flexibility to the lower-level layout. Outside, the property features a fenced yard with patio, garden area, garden shed with Woodburning Stove, side walkways and an exterior lift at the balcony area. The private Interlocked double driveway accommodates 4 vehicles plus 1 attached garage space. Additional features include central air conditioning, gas forced-air heating and flexible possession. Existing main-floor fridge and stove, basement fridge, stove and built-in dishwasher, washer, dryer, window coverings and electric light fixtures are included. Conveniently located south of Hwy 401 and east of Keele with access to neighbourhood amenities, transit and major routes.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,895
Lot Size40 ft x 140.16 ft
mls© NumberW13846808
Listed BySPECTRUM REALTY SERVICES INC.

Listing History

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  • 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%
$6,393
Property tax
$408
Heat allowance
$150
Housing costs
$6,951 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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