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Price Change$999,000

1991 Banff Avenue

3803 - Ellwood, Hunt Club - South Keys and Area

$949,000

Detached|2-Storey
6 | 4 | 6
About this home

One address, multiple ways to live in it. This side-by-side home, a legal duplex, offers a rare chance at true multi-generational living - separate spaces, separate entrances, separate utilities (all individually metered), but just steps apart. Live in one side and welcome family into the other: aging parents nearby but independent, or adult children with room to grow. Experience the comfort of loved ones close by while maintaining privacy. Also, an excellent opportunity to live in one side and rent out the other to help cover your housing costs while growing your equity. Situated on a spacious lot in a centrally located, up-and-coming neighbourhood just minutes from the LRT, shopping, restaurants, schools and everyday amenities, surrounded by homes undergoing renovation and new construction, signalling strong long-term upside. Each side features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. Welcoming front foyers with closet space lead into main floor powder rooms and bright, functional living areas. Patio doors open onto the backyard for easy indoor-outdoor living. Upstairs, each side offers an oversized primary bedroom with a sitting area and direct bathroom access, plus two more bedrooms sized comfortably for double beds. Both units are currently vacant, offering flexibility to move in and settle right away. Also listed separately as a multi-family property (MLS# X13500338). One address, two homes, endless possibilities for how you live. Book your showing today!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,516
Lot Size50.5 ft x 87.8 ft
mls© NumberX13524870
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%
$4,857
Property tax
$543
Heat allowance
$150
Housing costs
$5,550 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

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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