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New1 day ago

2 Arkona Drive

Tam O'Shanter-Sullivan, Toronto

$999,990

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

Spacious All-Brick 4-Level Backsplit Detached Home with a double-car garage and circular driveway, built by renowned Chiavatti Homes and nestled in the desirable Tam O'Shanter community. Conveniently located close to Hwy 401 and TTC, with no neighbours on the south side offering added privacy and an open setting. Featuring 4 separate entrances, The bright and spacious eat-in kitchen , walk out to the patio-perfect for outdoor entertaining. The bright and open family room, located at the heart of the home, features a wood-burning fireplace, creating a warm and inviting space for family gatherings. good opportunity to own a spacious family home in a highly desirable and convenient Toronto neighbourhood with potential income

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,793
Lot Size45 ft x 132.74 ft
mls© NumberE13800620
Listed ByHOMELIFE NEW WORLD 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%
$5,118
Property tax
$483
Heat allowance
$150
Housing costs
$5,751 / mo

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

Down payment20% · $199,998
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,998

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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