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Listed 8 days ago

198 Waterloo Avenue

Bathurst Manor, Toronto

$1,250,000

Detached|Bungalow
3 | 2 | 2
About this home

Charming and well-maintained bungalow located on a quiet street in a desirable central location. This inviting home has newly renovated kitchen and updated flooring. The finished basement features a separate private entrance and an abundance of natural light through large above-grade windows. Enjoy a generous recreation room with wet bar, plus a large bedroom with ample closet space and a comfortable sitting area. The basement also includes a separate laundry and furnace room and additional storage. 200-amp circuit breakers and a large double driveway

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,936
Lot Size52.21 ft x 115 ft
mls© NumberC13705538
Listed ByINTERNATIONAL REALTY FIRM, 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%
$6,398
Property tax
$578
Heat allowance
$150
Housing costs
$7,126 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$219,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

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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