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Listed 1 month ago

49 - 740 KENNEDY Road

Ionview, Toronto

$594,900

Freehold Townhouse|2-Storey
2 | 2 | 1 | 0
About this home

*FAMILY FRIENDLY TOWNHOUSE COMPLEX, OUT OF THE WAY FROM MAIN ROAD TRAFFIC AND NOISE***2 STOREY***2 UPPER BEDROOMS***3RD BEDROOM IN BASEMENT***2 BATHROOMS***MOVE IN READY****FRESHLY SANDED WOOD FLOORS***PRIVATE PARKING DIRECTLY IN FRONT OF HOME***DECK AND PRIVATE BACK YARD***CAC***

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agent
Milad Momtaz Azad
(647) 510-8858
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,903
mls© NumberE13498966
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,045
Property tax
$242
Heat allowance
$150
Housing costs
$3,437 / mo

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

Down payment20% · $118,980
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,503 / mo
Cash down
$118,980

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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