56 Lovilla Boulevard
Humberlea-Pelmo Park W5, Toronto
$1,129,900
This very nice 3 + 2 bedroom bungalow sits on a beautiful 50 x 120 ft lot in an area with a mix of new and old multi-million dollar homes. This home offers multiple options for the savvy buyer who is looking for a great place to live and invest. The updated interior features 3 good size bedrooms, and cozy living areas, and a modern kitchen with stainless steel appliances, as well as a 2 bedroom basement apartment with separate entrance. Outdoor stone front walkway and backyard porch area and a large backyard for family entertainment. Close to highways, shopping, schools, transit, and other amenities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,550 |
| Lot Size | 50 ft x 120 ft |
| mls© Number | W13863564 |
| Listed By | SUTTON GROUP-ADMIRAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,783
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $6,313 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$194,000
gross annual household income
- Payment at 4%
- $4,755 / mo
- Cash down
- $225,980
Assumes no other monthly debts · 25-yr amortization
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