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New4 days ago

603 Cummer Avenue

Bayview Woods-Steeles, Toronto

$1,398,888

Detached|Backsplit 4
4 | 3 | 6
About this home

Set in the desirable Bayview Woods neighbourhood, this spacious and versatile home offers plenty of room to enjoy, with exciting potential for the future! Step inside to a bright and welcoming foyer that opens into the combined living and dining area, where natural light from the large bay window create a warm and inviting atmosphere for relaxing, dining, and entertaining. Continue into the updated kitchen, complete with a gas stove, ample cabinetry, and a comfortable breakfast area perfect for casual meals or sipping your morning coffee, with the added convenience of laundry located within the space. Upstairs, you will find three generously sized bedrooms, including a spacious primary bedroom with its own private 4-piece ensuite, along with an updated 5-piece main bathroom. The lower levels with a walk-out to the backyard, offer additional seating areas, a second kitchen, additional laundry facility, a full 4-piece bathroom, and three bedrooms. Note that the fireplace on the ground level is out of commission. This self-contained space has great potential to be converted into a separate 3-bedroom living space, by adding a door leading to the main floor, for multi-generational living or for additional income, subject to municipal approvals. Ideally located steps from public transit (TTC & GO Train), parks, ravine trails, top-rated schools, Cummer Shopping Centre, restaurants, and everyday conveniences in the North York community.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,699
Lot Size53 ft x 113.5 ft
mls© NumberC13626074
Listed ByRE/MAX HALLMARK REALTY 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%
$7,160
Property tax
$642
Heat allowance
$150
Housing costs
$7,952 / mo

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

Down payment20% · $279,778
25-yr amortization

Income needed

$245,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,778

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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