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Dovercourt-Wallace Emerson-Junction, Toronto
$1,049,000
1006 Ossington Avenue, a unique Toronto home that has been thoughtfully updated over the years and offers plenty of character and personality. Four generously sized bedrooms plus a dedicated office, there's no shortage of space for growing families, those working from home, or anyone looking for a layout with flexibility.The lower level offers a separate dwelling, creating an excellent opportunity for additional income, extended family or a completely separate living space. A newer garage adds secure parking, storage and even more everyday functionality.And then there's the location! Set along Ossington, you're surrounded by some of the best of Toronto living, with easy access to neighbourhood cafés such as Contra or 915 Dupont, restaurants such as Actinolite, Maison T etc. Fiesta Farms, Loblaws and Farmboy within minutes to your doorstep. Trendy Geary Ave, Christie pits park, Dovercourt park and Ossington Subway stop a short distance away. Unique, updated and incredibly versatile, 1006 Ossington is the kind of property that offers space and Location! Garage qualifies for Laneway house - laneway report attached.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,369
- Property tax
- $509
- Heat allowance
- $150
- Housing costs
- $6,028 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$185,000
gross annual household income
- Payment at 4%
- $4,414 / mo
- Cash down
- $209,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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