491 PARKSIDE Drive
High Park-Swansea, Toronto
$2,949,000
****POWER OF SALE**** This is a rare opportunity to own a multiplex with 4 spacious renovated units all with separate entrances and a potential for a laneway unit above the garage. Expansive 40.06 x 150.25 lot overlooking High Park. Detached 2 car garage with a potential laneway unit above the garage. The unit above the garage has a 3 pc bathroom. One 1 bedroom unit on the lower level. One 2 bedroom unit on the main level. One 3 bedroom unit located on the second floor. One 1 bedroom unit located on the 2nd floor.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $11,191 |
| Lot Size | 40.06 ft x 150.25 ft |
| mls© Number | W13529384 |
| Listed By | CENTURY 21 FINE LIVING 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%
- $15,094
- Property tax
- $933
- Heat allowance
- $150
- Housing costs
- $16,177 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$498,000
gross annual household income
- Payment at 4%
- $12,410 / mo
- Cash down
- $589,800
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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