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Listed 2 months ago

195 Danforth Road

Oakridge, Toronto

$1,300,000

Detached|2-Storey
4 | 5 | 3
About this home

Prime Toronto Location In Desirable Oakridge Community * 140 Ft Deep Lot Custom Detached Home Built In 2022 * Approx. 2370 Sq Ft * 4+1 Bedrooms 5 Bath * Modern Open-Concept Layout With 9 Ft Ceilings On Main * Spacious Living & Dining Areas Crown Moulding* Panelled Walls* Hardwood Floors * Modern Kitchen With Quartz Countertops, Large Centre Island Overlooking Family Room & Backyard * Skylights Bring In Natural Light *Primary Bedroom Retreat Featuring His & Hers Closets & Spa-Like 7-Piece Ensuite * Every Bedroom With A Bathroom * Custom Built-In Closets * Separate Entrance To Basement Featuring 1 Bedroom Apartment With Kitchen, Full Bath & Living Area - Ideal For In-Law Suite * Close To Schools, Parks, Shopping, Transit & All Amenities *

Extras

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,923
Lot Size36.29 ft x 140.26 ft
mls© NumberE13174736
Listed ByCENTURY 21 PERCY FULTON 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%
$6,654
Property tax
$577
Heat allowance
$150
Housing costs
$7,381 / mo

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

Down payment20% · $260,000
25-yr amortization

Income needed

$227,000

gross annual household income

Payment at 4%
$5,471 / mo
Cash down
$260,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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