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New3 hours ago

985 Caledonia Road

Yorkdale-Glen Park, Toronto

$1,150,000

Detached|Bungalow
2 | 2 | 3
About this home

The perfect fit for first-time, move-up & multigenerational buyers! This bright, spacious bungalow comes with an incredible mortgage helper & is a smart way to skip condo maintenance fees. Enjoy your morning coffee on the verandah, or relax on the back deck overlooking a generous backyard made for summer BBQs. Also lots of room for a future garden suite or pool! The main floor has 9ft ceilings, a dining room overlooking the living room, an eat-in kitchen (overlooking the backyard with a double-door walkout), oversized rooms, wood floors, a skylight & three walkouts. Downstairs, a separate side entrance opens to a fully finished, large 2-bedroom in-law suite. Fantastic large open-concept layout for the kitchen, living, and dining area. It has laminate floors, an upgraded bathroom, large above-grade windows, lots of extra pantry/storage, a 2nd exit through the garage, shared laundry & plenty of storage in the cold cellar. Steps to the TTC, minutes to shopping, Yorkdale & the subway. Garden suite potential; buyer to verify with the City. Some photos are virtually staged to help buyers picture the possibilities. Please review the full marketing package through the virtual link, including detailed floor plans and more.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size1100-1500 sq. ft.
Property Tax$5,601
Lot Size40.33 ft x 137.77 ft
mls© NumberW14157696
Listed ByRE/MAX PREMIER 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%
$5,886
Property tax
$467
Heat allowance
$150
Housing costs
$6,503 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $230,000
25-yr amortization

Income needed

$200,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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