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Kennedy Park, Toronto
$799,999
Welcome To 922A Danforth Rd, A Beautifully Renovated And Meticulously Maintained Detached Bungalow In The Heart Of Scarborough. This Move-In Ready, Pet-Free And Smoke-Free Home Features A Bright And Functional Layout With Spacious Living Areas, 2 Full Bathrooms, And A Newly Renovated, Fully Finished Walk-Out Basement Offering Excellent Rental Income Potential Or An Ideal In-Law Suite. Major Updates Completed In 2021 Include The Roof, Furnace, Central Air Conditioning, Windows, And Light Fixtures, Providing Peace Of Mind For Years To Come. The Property Also Features Two Backyard Storage Sheds For Additional Storage. Ideally Located Directly Across From Robert Service Senior Public School And Just Steps To Walter Perry Junior Public School, This Centrally Located Home Is Close To TTC, Shopping, Grocery Stores, Restaurants, Parks, Community Amenities, And Major Routes. An Exceptional Opportunity For First-Time Buyers, Growing Families, Or Investors Seeking A Fully Updated Home With Income Potential In A Highly Desirable Toronto Neighbourhood.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,200 |
| Lot Size | 62 ft x 113 ft |
| mls© Number | E13541148 |
| Listed By | EVEREST 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%
- $4,095
- Property tax
- $267
- Heat allowance
- $150
- Housing costs
- $4,511 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$139,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
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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