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Listed 1 month ago

78 Wishing Well Drive

Tam O'Shanter-Sullivan, Toronto

$890,000

Detached|Bungalow
3 | 2 | 6
About this home

Highly desirable W Victoria Park & S Sheppard area. Fully updated detached bungalow perfect first-time buyers. Bright, spacious open-concept main floor with hardwood floors & modern kitchen with stove. Separate basement entrance with great rental income potential. Large fenced backyard features massive deck + pond. Steps to schools, shops, highways, parks & transit.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,037
Lot Size45 ft x 112 ft
mls© NumberE13520734
Listed ByCENTURY 21 KENNECT REALTY

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,555
Property tax
$420
Heat allowance
$150
Housing costs
$5,125 / mo

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

Down payment20% · $178,000
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,745 / mo
Cash down
$178,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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