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7606 - Manordale, South of Baseline to Knoxdale
$1,100,000
Steps from Algonquin College - Fully Legal Renovated Bungalow with Two Units (4+3 Beds). Exceptional income or multi-family opportunity in a prime location. This fully legal, renovated detached bungalow offers two self-contained units with separate entrances, featuring 3 new full bathrooms, 2 quartz-countertop kitchens, and stainless steel appliances. The main floor includes a bright family room, kitchen, dining area, laundry, 4 bedrooms, and a full bath. The lower unit offers its own kitchen, laundry, 3 bedrooms, and 2 full bathrooms (including en-suite) with large windows for excellent natural lights . Major upgrades completed in 2024 (furnace, A/C, hot water tank). Located 5 minutes from Algonquin College, steps to transit, and close to Baseline Rd & Hunt Club. Parking for up to 5 vehicles with a covered carport and long double driveway. Two separate hydro meters. Currently rented for $6,000/month: Upstairs: $3,100/month Downstairs: $2,900/month Leases expire June 2027
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,350 |
| Lot Size | 75 ft x 100 ft |
| mls© Number | X13704868 |
| Listed By | ROYAL 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
- $363
- Heat allowance
- $150
- Housing costs
- $6,143 / mo
Lenders cap these at 39% of gross income — that sets the number.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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