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New2 hours ago

229 McRoberts Avenue

Corso Italia-Davenport, Toronto

$899,000

Semi-Detached |2-Storey
3 | 3 | 1
About this home

Welcome to this bright Semi-Detached Home in Desirable, Family-Friendly Corso Italia/Caledonia Neighborhood! This beautifully renovated home features a designer-inspired transformation completed in 2016. The open-concept main floor offers a spacious living and dining area, a large modern kitchen, and a convenient powder room. Enjoy peace of mind with newer windows, doors, furnace and roof, plus waterproofing with a sump pump and 200-amp electrical service. The finished basement, complete with a private separate entrance and separate laundry, offers excellent in-law suite or rental income potential, or can easily be converted back to a single-family layout. Step outside to a fenced yard backing onto a mutual lane, with one parking space. Ideally located just steps to top-rated schools, parks, a recreation centre, TTC, and the Eglinton LRT. A fantastic opportunity for homeowners and investors alike - live in it, rent it, or enjoy the best of both worlds!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,305
Lot Size18 ft x 122 ft
mls© NumberW14032900
Listed ByROYAL LEPAGE REAL ESTATE SERVICES 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%
$4,601
Property tax
$359
Heat allowance
$150
Housing costs
$5,110 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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