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Listed 27 days ago

507 Rushton Road

Humewood-Cedarvale, Toronto

$1,199,000

Detached|2-Storey
3 | 2 | 2
About this home

A Charming Detached Home & The Perfect Condo Alternative In The Heart Of Humewood-Cedarvale! Welcome To 507 Rushton Road, Where Character, Comfort, And Convenience Come Together In One Of Toronto's Most Desirable Neighbourhoods. This Beautifully Maintained Home Offers Bright, Functional Living Space Filled With Natural Light, Original Charm, And Thoughtful Updates Throughout. The Inviting Main Floor is Open Concept with Hardwood Floors, And A Seamless Flow For Everyday Living And Entertaining. The Updated Kitchen with Stainless Steel appliances Opens To Dining area which walks out to the Private Backyard Retreat, Ideal For Summer Gatherings, Gardening, Or Simply Relaxing Outdoors. Upstairs, Generous Bedrooms Provide Comfortable Family Living, While The Finished Lower Level Offers Flexible Space For A Recreation Room, or Home Office or Gym. The Property Includes Convenient Laneway Parking and added perk presenting multiple options, Providing Easy Access And Added Value. Whether You're A First-Time Buyer, Downsizer, Young Family, Or Professional Seeking More Space Than A Condo Without Sacrificing Location, This Home Checks All The Boxes. Located Just Steps To St. Clair West's Vibrant Shops, Cafés, Restaurants, Transit, Parks, Cedarvale Ravine, And Excellent Schools. Enjoy The Best Of Urban Living With A Warm Neighborhood Feel. Why Settle For A Condo When You Can Own A Detached Home With Private Outdoor Space, Laneway Parking, And Endless Charm In One Of Toronto's Most Established Communities?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,644
Lot Size20 ft x 120 ft
mls© NumberC13538712
Listed ByMCCANN REALTY GROUP LTD.

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%
$6,137
Property tax
$554
Heat allowance
$150
Housing costs
$6,841 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$210,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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