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Banbury-Don Mills, Toronto
$1,595,000
New Look. New Price. A Fresh Start at 56 Grangemill! First time offered in over 60 years, this classic 3-bedroom bungalow has recently undergone a thoughtful refresh and is ready for its next owner. Freshly painted inside and out, with wallpaper and broadloom removed and new kitchen flooring, the home is brighter, cleaner and ready to enjoy while you plan what comes next. A bright and spacious living and dining area with vaulted ceiling adds architectural character and an airy feel, while the eat-in kitchen and three bedrooms provide a comfortable main-floor layout. The full lower level offers plenty of additional living space and possibilities. Move in, update over time, or bring your contractor and your vision! Set on a mature lot with a private backyard, carport and private drive. Ideally located close to excellent schools, parks and ravine trails, shopping, transit, major highways and all the amenities of Don Mills. A great opportunity for buyers, downsizers, renovators or builders looking for a home with plenty of potential in a well-established neighbourhood. ***some photos have been digitally altered with furniture added***
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| Type | Detached |
| Style | Sidesplit |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,808 |
| Lot Size | 51 ft x 118.46 ft |
| mls© Number | C13770690 |
| Listed By | SAGE REAL ESTATE LIMITED |
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%
- $8,164
- Property tax
- $734
- Heat allowance
- $150
- Housing costs
- $9,048 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$278,000
gross annual household income
- Payment at 4%
- $6,712 / mo
- Cash down
- $319,000
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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