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Corso Italia-Davenport, Toronto
$699,900
This home of happiness and love for 31 years is being offered to you for a repeat performance. Surprisingly more spacious than at first sight, there is an opportunity to build upward, or to renovate. Living in a quiet neighbourhood near St. Clair really is the Canadian Dream. Three bedrooms, 2 washrooms, lots of storage space, separate basement entrance. There is a survey. Floor plans are attached. Let's do this!
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Listing History
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%
- $3,582
- Property tax
- $329
- Heat allowance
- $150
- Housing costs
- $4,062 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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