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Stonegate-Queensway, Toronto
$999,000
Welcome To 102 Edgecroft Road - A Recently Updated 3-Bedroom Bungalow On One Of The Most Desirable Streets In Stonegate-Queensway. Set On A Quiet, Tree-Lined Street Surrounded By Beautiful Custom Homes, This Property Offers The Rare Flexibility To Move In And Enjoy Today, Renovate Or Expand Over Time, Or Build A Brand-New Custom Residence In A Neighbourhood Where Newly Built Homes Have Sold For Over $3 Million. The Bright And Functional Main Level Has Been Freshly Painted And Features New Flooring And A Renovated Bathroom, Creating A Clean And Comfortable Home Ready For Its Next Owner. The Property Also Offers A Private Driveway With Parking For Multiple Vehicles, A Separate Basement Entrance, And An Unfinished Lower Level With Excellent Future Potential. Enjoy A Sought-After Family-Friendly Location Close To Highly Rated Schools, Parks, Norseman Community Centre, Restaurants, Shopping, Transit, Major Highways, Downtown Toronto And Pearson Airport. An Outstanding Opportunity For End Users, Builders, Renovators And Investors To Secure A Property With Immediate Use And Exceptional Long-Term Potential.
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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%
- $5,113
- Property tax
- $419
- Heat allowance
- $150
- Housing costs
- $5,682 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
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