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Glenfield-Jane Heights, Toronto
$898,000
RARELY OFFERED NORTH YORK SEMI-DETACHED WITH TONS OF INCOME POTENTIAL! A fantastic opportunity for first-time buyers, multi-generational families or savvy investors. This versatile home offers the perfect house-hack setup - live on the main floor while generating additional rental income from the two lower-level spaces.The main floor features an updated kitchen and bathrooms, modern pot lights and a bright, functional layout. 4 spacious bedrooms and an office which can be used for work from home space or an additional bedroom. The lower level offers 2 separate entrances and excellent flexibility for 2 additional living or income-producing spaces. Enjoy tons of parking, a detached garage and a generous lot - all features that are increasingly hard to find in North York. Whether you're looking to offset your mortgage, build your investment portfolio or secure a home with future upside, this property offers incredible flexibility and opportunity in a highly sought-after location. Live in, rent out and let the property work for you!
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| Type | Semi-Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,499 |
| Lot Size | 30.79 ft x 123.53 ft |
| mls© Number | W13622260 |
| Listed By | RE/MAX NOBLECORP REAL ESTATE |
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%
- $4,596
- Property tax
- $292
- Heat allowance
- $150
- Housing costs
- $5,038 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,779 / mo
- Cash down
- $179,600
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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