Listed 15 days ago
7 Mayall Avenue
Downsview-Roding-CFB, Toronto
$989,999
Detached|1 1/2 Storey
3 | 3 | 12
About this home
BEAUTIFULLY MAINTAINED 1540 SQ', 3 BEDROOM 3 FULL BATHROOM HOME WITH OVERSIZED DOUBLE CAR GARAGE ANDGREENHOUSE. LARGE EAT IN KITCHEN ADDITION. OVERSIZED BASEMENT WINDOWS,BACK ENTRANCE TO MAINFLOOR AND BASEMENT. 2 LONG DRIVEWAYS, CANTINA + MUCH MORE! MOVE-IN READY.
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,796 |
| Lot Size | 60 ft x 120.32 ft |
| mls© Number | W13586030 |
| Listed By | RE/MAX PREMIER INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,067
- Property tax
- $400
- Heat allowance
- $150
- Housing costs
- $5,617 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $198,000
25-yr amortization
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $198,000
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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