297 Gilbert Avenue
Caledonia-Fairbank, Toronto
$850,000
Renovated Detached Bungalow, featuring a bright open-concept main floor with eat-in kitchen and plenty of natural light. Finished basement with in-law suite, 2nd kitchen, high ceilings, 2 baths, separate walk-out, and 2 laundries. Large 2-car garage, 2 sheds & maintenance-free backyard. Prime family neighbourhood, just 5 mins to Fairbank Subway Station, TTC, schools, cafes, restaurants, places of worship & more!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,650 |
| Lot Size | 23.4 ft x 126.83 ft |
| mls© Number | W14091432 |
| Listed By | INTERNATIONAL REALTY FIRM, INC. |
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%
- $4,351
- Property tax
- $471
- Heat allowance
- $150
- Housing costs
- $4,972 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$153,000
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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