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Listed 21 days ago

2436 Islington Avenue

Rexdale-Kipling, Toronto

$878,999

Detached|Bungalow
3 | 2 | 6
About this home

Rare opportunity in a prime location! Attention builders, renovators, and investors-this property offers outstanding potential to renovate, expand, or build new. Existing bungalow is being sold in "as is" condition. Premium lot in a desirable neighbourhood surrounded by quality homes and convenient and easy access to shopping, schools, and public transit. Endless possibilities for those looking to create something special! Property also permits Commercial use under current zoning. Mixed-use zoning allows residential and select commercial uses. Live/Work opportunity.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,605
Lot Size45 ft x 112.18 ft
mls© NumberW13564154
Listed ByRIGHT AT HOME 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%
$4,499
Property tax
$300
Heat allowance
$150
Housing costs
$4,950 / mo

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

Down payment20% · $175,800
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,699 / mo
Cash down
$175,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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