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Listed 1 month ago

29 Love Crescent

East End-Danforth, Toronto

$1,299,000

Semi-Detached |2-Storey
4 | 3 | 0
About this home

Welcome to the Upper Beaches-Toronto's Coastal Crown Jewel!This is more than a property; it's a rare treasure in one of the city's most sought-afterenclaves!Presenting a distinctive income-generating masterpiece featuring three fully self-containedresidential suites, a spacious two-car garage, and individual hydro meters-perfectly tailoredfor the discerning investor or multi-generational family looking to live stylishly whileearning effortlessly.Immerse yourself in the best of city-meets-lakeside living: stroll to the beach, savour theenergy of trendy cafés and restaurants, and enjoy effortless access to the TTC, majorhighways, and the DVP. This location offers the ultimate urban lifestyle with a relaxed,beach-town feel.With tenants currently on a month-to-month basis, you're gifted with unmatchedflexibility-move right in, lease for passive income, or redesign to your heart's content.A rare opportunity not to be missed

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,305
Lot Size26.58 ft x 120.58 ft
mls© NumberE13472118
Listed ByROYAL LEPAGE TERREQUITY REALTY

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%
$6,649
Property tax
$609
Heat allowance
$150
Housing costs
$7,408 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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