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Downsview-Roding-CFB, Toronto
$985,000
Attention investors, multi generational families, and savvy buyers! Welcome to 23 Chappel Hill Rd, ideally situated in Toronto's desirable Downsview Roding community. This well located property offers outstanding convenience, minutes from Humber River Hospital, York University, Downsview Park, Yorkdale Shopping centre, and everyday amenities, Inside buyers will find a functional layout with excellent in law or income potential, featuring a 2nd kitchen that provides flexibility for extended family living. The detached double garage offers ample space for vehicles, storage, or a workshop. Set in an established neighbourhood with nearby bus routes and easy access to major commuter routes, this property presents an exceptional opportunity to renovate, personalize, or invest in one of Toronto's continually growing communities. Whether you're looking to add to your investment portfolio or create a home that meets the needs of a growing family, this property is full of potential and possibilities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,404 |
| Lot Size | 50.1 ft x 120 ft |
| mls© Number | W13529396 |
| Listed By | RE/MAX HALLMARK CHAY 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%
- $5,042
- Property tax
- $367
- Heat allowance
- $150
- Housing costs
- $5,559 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $4,145 / mo
- Cash down
- $197,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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