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Black Creek, Toronto
$949,900
Excellent investment opportunity in a prime Toronto location near York University. This well-maintained detached bungalow sits on a premium 50' x 125' lot and features 3 separate self-contained rental units, offering exceptional income potential. Ideal for investors, multi-generational families, or buyers looking to offset mortgage costs with rental income. Conveniently located close to York University, transit, schools, parks, shopping, major highways, and all amenities. Great Curb Appeal! Interlock Side & Backyard! A Must See!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,944 |
| Lot Size | 50.09 ft x 125 ft |
| mls© Number | W13483876 |
| Listed By | DREAMWORLD 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%
- $4,862
- Property tax
- $329
- Heat allowance
- $150
- Housing costs
- $5,341 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,997 / mo
- Cash down
- $189,980
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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