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Listed 9 days ago

306 Cook Road

York University Heights, Toronto

$1,488,000

Detached|3-Storey
10 | 13 | 2
About this home

2751 Square Feet 3-Storey Detached House With Double Garage, Separate Entrance To Basement At The Backyard. Hardwood Floor, Lots Of Upgrade, Excellent Condition! Best Location In The Village. Second Floor Laundry, Basement Separate Entrance, Walk To York University, Public Transit, And Subway Stations, All Bedrooms have En-suite Washrooms, Great cash flow for investors . A Must See!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,392
Lot Size24.28 ft x 100.07 ft
mls© NumberW13873262
Listed ByHOMECOMFORT REALTY 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%
$7,616
Property tax
$533
Heat allowance
$150
Housing costs
$8,299 / mo

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

Down payment20% · $297,600
25-yr amortization

Income needed

$255,000

gross annual household income

Payment at 4%
$6,262 / mo
Cash down
$297,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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