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Bedford Park-Nortown, Toronto
$1,980,000
Welcome to 547 Melrose Ave, Spectacular fully renovated inside & out, with pulled permit and passed inspections, in the highly coveted neighborhood of Bedford park- Nortown. Hardwood flooring throughout the house. The open concept dining area flows Seamlessly in to a well equipped kitchen. stunning white designer Kitchen with featuring Built-in Pantry, Gas cooktop, Double door stacked oven, Custom made canopy hood, Island for casual dining with skylight that baths the space in natural light, over looking the lush and private backyard. Finish basement with separate entrance extends your living space with a recreation room ,additional kitchen, a convenient laundry room and 3 piece bathroom. This property includes a single car garage with additional parking space for several more vehicles. Easy access to parks, schools, shops , restaurants, Subway, TTC and 401 highway. Experience an exceptional opportunity to live on a prime stretch of Melrose Ave.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,256 |
| Lot Size | 40 ft x 107 ft |
| mls© Number | C13598162 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,135
- Property tax
- $688
- Heat allowance
- $150
- Housing costs
- $10,973 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$338,000
gross annual household income
- Payment at 4%
- $8,332 / mo
- Cash down
- $396,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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