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Price Change$675,000

54 Toronto Street

Colborne, Cramahe

$599,900

Detached|2-Storey
5 | 2 | 5
About this home

Full of character and timeless appeal, this brick home sits in the heart of Cramahe, blending period charm with extensive modern updates. An expansive front veranda leads to a spacious foyer that showcases classic craftsmanship. The inviting living room features extra-high baseboards, refinished hardwood floors, and a fireplace, creating a warm space for relaxing or entertaining. The generous dining room accommodates large gatherings and opens to the sunroom, ideal for morning coffee or unwinding at the end of the day. Refinished hardwood and replaced hardwood flooring in the dining room and kitchen complement the kitchen's updated cabinetry, flooring, tile backsplash, ample storage, island with breakfast bar, and stainless steel appliances. A guest bedroom, bathroom, and main-floor laundry complete the main level. Upstairs, the sun-soaked primary bedroom offers dual closets and access to a spacious bathroom, accompanied by three additional well-sized bedrooms for family, guests, or a home office. The second-floor bathroom features updated fixtures and flooring. Extensive improvements include a metal roof with a lifetime guarantee, updated windows and screens, four exterior doors, attic insulation, an electrical panel, a water softener, an on-demand water heater, a furnace, a heat pump, and air conditioning. A $15,000 investment in basement reinforcement and a dehumidifier system adds further peace of mind. Outside, the sprawling property is surrounded by mature trees and features a covered back porch for outdoor enjoyment. Ideally located close to amenities with direct access to the 401, this home offers timeless character, generous living space, and an impressive list of improvements.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$3,126
Lot Size98.88 ft x 0 ft
mls© NumberX13828760
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

Listing History

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  • 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%
$3,071
Property tax
$261
Heat allowance
$150
Housing costs
$3,481 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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