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New59 minutes ago

47 Eighth Street

New Toronto, Toronto

$1,699,000

Detached|2-Storey
3 | 4 | 2
About this home

Welcome to 47 Eighth Street, a newer detached home in the heart of New Toronto, just a short walk from the lake. Built within the last five years, this 3-bedroom, 4-bathroom home offers a bright, modern layout with plenty of natural light and a great use of space. The main living area features impressive 14-ft ceilings, hardwood floors, a skylight and glass railings, while the kitchen offers full-size cabinetry and plenty of room for everyday living and entertaining. Upstairs are three bedrooms and convenient second-floor laundry. The finished basement adds valuable extra living space along with a full bathroom. Sitting on a 25 x 125 ft lot with a built-in garage and private drive, this is a great option for buyers looking for a newer detached home without leaving the city. Close to the waterfront, parks, schools, shops, restaurants and transit, with easy access to the Gardiner and downtown Toronto.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age0-5
Size1500-2000 sq. ft.
Property Tax$8,149
Lot Size25 ft x 125 ft
mls© NumberW13804872
Listed ByCENTURY 21 ATRIA 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%
$8,696
Property tax
$679
Heat allowance
$150
Housing costs
$9,525 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

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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