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Price Change$1,200,000

783 Midland Avenue

Kennedy Park, Toronto

$1,100,000

Detached|1 1/2 Storey
4 | 3 | 2
About this home

Located In The Kennedy Park Community On A 40 x 137 Foot Lot This Listing Offers A Detached 4 Bedroom New Construction Home. The Home Is More Than Partially Completed & Represents A Great Opportunity With Lots Of Potential. The Home Offers Premium Finishes, Kitchen Cabinetry, Quartz Countertops, Flooring, Fireplace, Garage Door And Main Entry Door. Significant Trade Work Remains Across Electrical, Plumbing, Framing, Flooring, Trim, Exterior & Landscaping. Once Completed. This Is A Great Opportunity For The Savy Buyer Who Can See The Potential Here.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$3,138
Lot Size40 ft x 137.5 ft
mls© NumberE13438144
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%
$5,630
Property tax
$262
Heat allowance
$150
Housing costs
$6,042 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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