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Listed 2 months ago

327 Melrose Street

Mimico, Toronto

$1,969,000

Detached|2-Storey
3 | 5 | 3
About this home

Your Custom-Built Luxury Stunner Awaits! No Expense Has Been Spared! Mahogany Front/Garage Door. Jaw-Dropping Contemporary Finishes &Features Throughout: Open Concept Main-Floor Layout, Soaring High Ceilings (13 Ft Downstairs), Four (4) Fireplaces, Five (5) Washrooms (Each Bedroom Has Designated Ensuite) & Gourmet Kitchen W/ High End Bosch Appliances. Immaculate Attention To Detail! B/I Integrated Speaker & Smart Security System, Core Doors, Laundry Upstairs. Primary Bedroom Ft. Lavish 5Pce Ensuite W/ Frameless Shower, W/I Closet & Juliet Balcony. In-Floor Heating Downstairs, Wet Bar & W/O To Backyard For In-Law / Nanny Suite. Over side Deck W/ Gas Line For BBQ & New Fence Will Make For Incredible Gatherings This Summer. Your Friends & Family Will Be Blown Away By Your Incredible New Home In This Highly Sought-After Family-Friendly Lakeside Neighbourhood Just 10-15 Mins To Downtown/Airport. Walking Distance To Mimico Village W/ San Remo Bakery, Jimmy's Coffee & Mimico Go W/ Union Station Only 2 Stops Away! Don't Miss Out!

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
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$7,850
Lot Size24.5 ft x 125 ft
mls© NumberW13203158
Listed ByKELLER WILLIAMS REFERRED URBAN 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%
$10,078
Property tax
$654
Heat allowance
$150
Housing costs
$10,882 / mo

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

Down payment20% · $393,800
25-yr amortization

Income needed

$335,000

gross annual household income

Payment at 4%
$8,286 / mo
Cash down
$393,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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