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Listed 1 month ago

452 Midland Avenue

Birchcliffe-Cliffside, Toronto

$1,500,000

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

Cozy 3 Years Old Home In Comfortable Area. Excellent Floor Plan With True Quality, Craftsmanship And Finished Basement Apartment With Separate Entrance For Additional Income. Main Flr 9 Ft Ceiling, Stone & Brick. Hardwood Floors Throughout, Quality Kitchen With Granite Counters, Centre Island, Gorgeous Primary Bedroom With 5 Pc Ensuite, W/I Closet & Coffered Ceiling. 2Sets Of Laundry For Convenience Between Owner And Tenant. Very Close And Walkable To Scarborough Go, Close To All Amenities, Ttc, School, Lake, Bluffers Park, R. H. King Academy.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$6,507
Lot Size31.12 ft x 122.31 ft
mls© NumberE13519170
Listed ByHIGHPOINT HOMES REALTY

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%
$7,678
Property tax
$542
Heat allowance
$150
Housing costs
$8,370 / mo

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

Down payment20% · $300,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$300,000

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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