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Listed 1 month ago

811 Bloor Street W

Palmerston-Little Italy, Toronto

$1,389,800

Freehold Townhouse|2 1/2 Storey
5 | 2 | 2
About this home

INVESTMENT OPPORTUNITY AWAITS!!! Zoned CR3(Commercial/Residential) ON VIBRANT BLOOR ST WEST between OSSINGTON & BATHURST, across across from Christie Pitts Park!!!! Surrounded by Restaurants, Medical, Shops, various retail!! ALL WORK or LIVE & WORK POTENTIAL!!! Presently an income property featuring 2 generous units ! Ground floor unit features large spacious kitchen, Living Room, 2 Bedrooms & 3 piece bath. A large size deck off the back of the main floor. Second floor unit boasts 3 bedrooms, 4 piece bath, kitchen and Living Room. Conveniently offering 2-car parking at rear! Units both currently Tenanted with wonderful Tenants, month-to-month, Tenants pay Utilities! Just steps from BLOOR!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeAtt/Row/Townhouse
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,171
Lot Size18.5 ft x 130 ft
mls© NumberC13481608
Listed BySUTTON GROUP - SUMMIT REALTY INC.

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%
$7,114
Property tax
$598
Heat allowance
$150
Housing costs
$7,861 / mo

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

Down payment20% · $277,960
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,849 / mo
Cash down
$277,960

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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