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Listed 12 days ago

943 Mayfair Crescent

37 - South of Taylor-Kidd Blvd, Kingston

$634,900

Detached|Backsplit 4
4 | 3 | 3
About this home

Attention Investors, Multi-generational Families & Savvy Buyers! Welcome to this incredibly versatile 5-bedroom, 2-kitchen back-split, set up like a duplex and zoned for up to a fourplex with proper fire separation (buyer to verify). Live in one unit and rent the other-or plan for future expansion! Main Level features a bright living/dining area, eat-in kitchen, walk out deck, 1 bedroom, and a 2 & 3 piece bath. The lower level offers a separate entrance, 4 bedrooms, a second kitchen, laundry, and a 3 piece bath-perfect for in-laws or tenants. Walk out from the lower level to a tranquil, park-like pie shaped backyard-ideal for morning coffee or evening entertaining. Both levels have their own laundry, plus an attached 1-car garage.Currently a spacious single-family in law suite home with income potential already in place. Don't miss this rare opportunity to own a property that adapts to your needs-today and tomorrow.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$4,538
Lot Size52.87 ft x 120 ft
mls© NumberX13871230
Listed ByRE/MAX ABOUTOWNE REALTY CORP.

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%
$3,250
Property tax
$378
Heat allowance
$150
Housing costs
$3,778 / mo

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

Down payment20% · $126,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,672 / mo
Cash down
$126,980

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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