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Palmerston-Little Italy, Toronto
$1,150,000
7 Bedrooms! An impressive 2,728 sq. ft. of living space, including the basement, (2,039 sq ft above grade - see floor plans) in the heart of Harbord Village. This substantial, updated home offers a flexible layout suitable for investors, multi-generational families, or buyers seeking income potential. Featuring generous principal rooms and updated systems, the property can function as a spacious 7+2 bedroom residence or potentially be configured as two self-contained units, with additional basement possibilities. Steps from Little Italy, U of T, cafés, restaurants, TTC, and downtown amenities. A hard-to-find combination of size, versatility, and long-term potential in a prime central neighbourhood. 48 hrs irrevocable please Seller is out of town
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| Type | Att/Row/Townhouse |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,565 |
| Lot Size | 19.75 ft x 73.09 ft |
| mls© Number | C13607668 |
| Listed By | HARVEY KALLES REAL ESTATE 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%
- $5,886
- Property tax
- $464
- Heat allowance
- $150
- Housing costs
- $6,500 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$200,000
gross annual household income
- Payment at 4%
- $4,839 / mo
- Cash down
- $230,000
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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