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Newtonbrook East, Toronto
$1,050,000
Welcome to this solid, well-maintained brick bungalow offering exceptional space, versatility, and opportunity. Featuring 4 generously sized bedrooms and a bright open-concept living and dining area. This home is set on an impressive 48-ft frontage that widens to approx. 65 feet at the rear with a depth of 120 feet, it provides a spacious backyard and a private patio, ideal for morning coffee, outdoor entertaining and family BBQ. The finished basement adds valuable living space, featuring a spacious recreation room and a self-contained bachelor apartment with a separate entrance - ideal for extended family, an in-law suite or an excellent opportunity to generate additional rental income. Hardwood floor lies beneath the existing broadloom. Location is a major advantage, a TTC Bus stop right at the door and steps to Finch Subway Station, Parks, Shopping and Schools. A versatile property with exceptional potential - an opportunity not to be missed.
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This seller is holding back offers
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,573 |
| Lot Size | 48 ft x 120 ft |
| mls© Number | C13719102 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $5,374
- Property tax
- $631
- Heat allowance
- $150
- Housing costs
- $6,155 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$189,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
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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