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Price Change$679,000

2390 Cheshire Road

6304 - Parkway Park, Parkway Park - Queensway Terrace S and Area

$629,000

Detached|Bungalow
3 | 3 | 3
About this home

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.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,923
Lot Size53 ft x 95 ft
mls© NumberX13248424
Listed ByROYAL 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.

Down payment20% · $125,800
25-yr amortization

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 check

Investment Analysis

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

Values and trends

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