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Listed 1 month ago

3 Kenrae Road

Leaside, Toronto

$1,349,800

Detached|Bungalow
2 | 2 | 2
About this home

Welcome to this bright, open-concept bungalow located in the heart of prestigious South Leaside. Situated on a prime lot in one of Toronto's most sought-after family neighbourhoods, this exceptional property offers endless possibilities for first-time buyers, downsizers investors, end users, or builders looking to create their dream home in an unbeatable location. Lovingly maintained with evident pride of ownership, the home features sun-filled living spaces, a functional layout, and a seamless walkout to a private backyard oasis. Surrounded by mature greenery and the soothing sounds of birdsong, this tranquil outdoor retreat is perfect for relaxing, entertaining, or enjoying nature in the city.Ideally located just steps from top-rated schools, parks, boutique shopping, fine dining, and convenient transit, this home offers the perfect blend of lifestyle and location. Move in and enjoy as is, renovate to suit your vision, or build new on this exceptional lot-the possibilities are endless.An added bonus for investors: the property is currently tenanted by a AAA tenant who is willing to stay, providing immediate income potential and flexibility for future plans. A rare opportunity to own in one of Toronto's most desirable neighbourhoods..Mechanical updates - New eavestroughs and downspouts - 2025-roof and skylight - 2024 furnace -2019, humidifier and air conditioning - 2018, fence and deck - 2018, exterior painting 2022.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,749
Lot Size56 ft x 110.5 ft
mls© NumberC13478328
Listed ByROYAL LEPAGE SIGNATURE 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%
$6,909
Property tax
$562
Heat allowance
$150
Housing costs
$7,621 / mo

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

Down payment20% · $269,960
25-yr amortization

Income needed

$235,000

gross annual household income

Payment at 4%
$5,680 / mo
Cash down
$269,960

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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