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Price Change$1,930,000

50 Bruce Farm Drive

Bayview Woods-Steeles, Toronto

$1,850,000

Detached|Bungalow
3 | 4 | 6
About this home

Concept Floorplan with Large south-facing living room, combined with a bright dining room with an enlarged window. Entire main level was completely renovated in 2022, $200,000+ spent on all new kitchen, bathrooms, frames, dry walls, floor, ceiling, electric wiring and plumbing system. Two bedrooms overlook the ravine. Spacious hallway accesses to a double garage directly. Entry-Lux style kitchen with breakfast area, artificial stone countertop, natural gas rough in. The lower level includes a huge family room with fireplace location, bright with big windows/sliding door, combined with kitchen/dinning areas, three good sized bedrooms, and storage room leading to a big cold room. More than 3,300 sq. ft. in total including the basement. Located steps from multiple trails and great schools (Zion Heights, A.Y. Jackson), close to 401/404/DVP, minutes drive to plaza where banks, coffee shop, restaurants, medical centers and grocery stores located.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,468
Lot Size50 ft x 120 ft
mls© NumberC13417868
Listed ByHOMELIFE LANDMARK 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%
$9,469
Property tax
$706
Heat allowance
$150
Housing costs
$10,325 / mo

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

Down payment20% · $370,000
25-yr amortization

Income needed

$318,000

gross annual household income

Payment at 4%
$7,785 / mo
Cash down
$370,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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