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Palmerston-Little Italy, Toronto
$1,389,800
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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| Type | Att/Row/Townhouse |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,171 |
| Lot Size | 18.5 ft x 130 ft |
| mls© Number | C13481608 |
| Listed By | SUTTON GROUP - SUMMIT 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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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