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6304 - Parkway Park, Parkway Park - Queensway Terrace S and Area
$629,000
This wonderfully maintained all-brick bungalow is just a 2-minute walk to the future Iris LRT Station, and walking distance to College Square & Algonquin College. With hardwood floors throughout, the Main level offers 3 bedrooms, a 4-piece bath, and a large, sun-filled Living room with a gas fireplace, plus a Kitchen and Dining area with lots of counter space and a full wall of windows. The Lower Level features direct access from an exterior door, providing excellent flexibility for an in-law setup, additional living space, or full renovation for an Investor. It currently has a large Family room, with a Bar, a 2-piece bath, and a separate shower in the Utility room. The fully hedged, private backyard has a Storage Shed with electrical power and a Garden Shed.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,923 |
| Lot Size | 53 ft x 95 ft |
| mls© Number | X13248424 |
| Listed By | ROYAL LEPAGE TEAM REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,220
- Property tax
- $410
- Heat allowance
- $150
- Housing costs
- $3,780 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$116,000
gross annual household income
- Payment at 4%
- $2,647 / mo
- Cash down
- $125,800
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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