Listed 2 months ago
150 Jones Avenue
South Riverdale, Toronto
$1,059,000
Detached|2-Storey
4 | 3 | 2
About this home
* South Riverdale Area, Detached With Two Parking * Very Good For First Time Buyer Or Investment * Finished Bsmt With Walk Out * Great Location, Mins Walk To Shopping Mall * Close To School, Gerrard Sq. * 24 Hrs. TTC, Park & Library *
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,965 |
| Lot Size | 20 ft x 110 ft |
| mls© Number | E13447400 |
| Listed By | TRADEWORLD REALTY INC |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,420
- Property tax
- $414
- Heat allowance
- $150
- Housing costs
- $5,984 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $211,800
25-yr amortization
Income needed
$184,000
gross annual household income
- Payment at 4%
- $4,456 / mo
- Cash down
- $211,800
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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