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New6 days ago

1143 Gateway Road

6302 - Parkway Park, Parkway Park - Queensway Terrace S and Area

$649,000

Detached|Bungalow
3 | 1 | 2
About this home

Original owners, selling after 67 years. Now ready for a new family to make it yours. Move in condition. Classic 3 bedroom brick bungalow in the mature west end neighborhood of Parkway Park. The living room features a large west facing window, bringing plenty of natural light into the main living space and dinning room. Beautiful hardwood floors run throughout the living areas and bedrooms. The kitchen and bathroom feature easy-care ceramic flooring and have both been updated over the last few years, offering modern finishes. The basement is all framed and ready for insulation, drywall and finishing touches allowing you to customize the space to your personal needs and provides excellent potential for future additional living space. Both front and back yards are nicely landscaped and includes a number of lovely flowering gardens. There is parking for two vehicles. Convenient location close to College Square, Parkway Park (ice rink, wading pool, baseball facilities), Schools, Transit, and everyday shopping. 24 hours irrevocable on all offers.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,270
Lot Size56 ft x 90 ft
mls© NumberX13717538
Listed ByRE/MAX HALLMARK REALTY GROUP

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%
$3,322
Property tax
$356
Heat allowance
$150
Housing costs
$3,828 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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