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Listed 9 days ago

33 Majestic Drive N

7606 - Manordale, South of Baseline to Knoxdale

$1,100,000

Detached|Bungalow
6 | 4 | 4
About this home

Rare Legal Duplex in a Prime Location! Fully legal detached bungalow with two self-contained 3-bedroom units-perfect for investors or homeowners looking for extra income. Beautifully renovated with modern kitchens (quartz countertops), new flooring, fresh paint, full bathrooms, and separate laundry in each unit. Bright main floor and a spacious lower unit with large windows and lots of natural light. Amazing location just minutes from Algonquin College, steps to public transit, and close to Baseline & Hunt Club-high demand area for tenants! Double garage + parking for 4 cars. Potential income up to $6,000/month.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,454
Lot Size75 ft x 100 ft
mls© NumberX13704860
Listed ByROYAL LEPAGE PERFORMANCE 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%
$5,630
Property tax
$371
Heat allowance
$150
Housing costs
$6,151 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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