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Mount Dennis, Toronto
$699,900
Beautifully renovated 2-bedroom, 2-bathroom semi-detached home at 111 Lambton Avenue! Extensively updated inside and out with modern finishes throughout. Features brand new wide-plank luxury vinyl flooring, new oak hardwood staircase treads, modern light fixtures, interior doors, baseboards, door and window casings, and fresh paint throughout. Stunning brand new custom kitchen with wood-veneer cabinetry, quartz countertops, tiled backsplash and stainless steel fridge, stove, dishwasher and over-the-range microwave. Both bathrooms completely renovated! Second-floor 3-piece bathroom features custom black metal-framed shower enclosure with decorative gridded glass, porcelain tile flooring and shower walls, custom vanity and quartz countertop. Updated powder room with porcelain tile flooring. Fully finished basement recreation room provides additional living and entertaining space, complete with brand new washer and dryer. All new black-framed windows with decorative grilles, finished black inside and out, plus new black exterior entry and patio doors with matching grilles and black interior/exterior finishes. Exterior improvements include freshly painted stucco, black soffits and eavestroughs, and newly painted exterior decks. An exceptional opportunity to own a beautifully renovated, move-in-ready Toronto home with extensive interior and exterior upgrades!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $222
- Heat allowance
- $150
- Housing costs
- $3,954 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
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