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Palmerston-Little Italy, Toronto
$3,400,000
Professionals or Investors, this grand beauty has been very well maintained and it represents a time of design and construction not seen in generations. There are currently 4 units plus an unoccupied professional dental office which has an entrance on Harbord Street with great exposure and is approximately 1,400 sq. ft. . Located in the heart of the Annex, you are right along Harbord Street at Markham and only steps to Bathurst, Bloor street nd the subway. This is a perfect live/work space or investment opportunity. Over 4,200 square feet, the building was extensively renovated in 1990 and the roof was fully replaced 2 years ago. There is parking at the rear with easy access off Harbord St. This bustling neighbourhood attracts people who want a beautiful downtown area with character, architecturally beautiful homes from the early 1900's and super convenient access to downtown, U of T and hospital row. Currently there are 2-two bedroom units, 1-one bedroom unit and a bachelor unit. Three of the units have their own balconies. The basement is a high and very dry basement with a seperate entrance, storage and a laundry area for the dental clinic. Plans currently exist to convert the dental office into 2 more residential units.
No extras listed.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 3500-5000 sq. ft. |
| Property Tax | $18,890 |
| Lot Size | 24 ft x 125 ft |
| mls© Number | C13479674 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $17,403
- Property tax
- $1,574
- Heat allowance
- $150
- Housing costs
- $19,127 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$589,000
gross annual household income
- Payment at 4%
- $14,308 / mo
- Cash down
- $680,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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