11 Lorraine Gardens
Islington-City Centre West, Toronto
$2,199,000
Rare 100x200' lot Sits On A Majestic Lot In The Heart Of Lorraine Gardens. This GorgeouslyPositioned Property Can Be Renovated Or Rebuilt. Build Your Masterpiece Custom Home. Existing housefeatures 4 bedrooms and a beautiful inground pool backing into green space. Architectural drawingsavailable for a 6000sft, 5bedroom, 6bathroom designed by FineLines Designs. Multi million dollarstreet with many custom builds on the street.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $8,900 |
| Lot Size | 100 ft x 200 ft |
| mls© Number | W13550022 |
| Listed By | CENTURY 21 INNOVATIVE 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%
- $11,255
- Property tax
- $742
- Heat allowance
- $150
- Housing costs
- $12,147 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$374,000
gross annual household income
- Payment at 4%
- $9,254 / mo
- Cash down
- $439,800
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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