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Listed 23 days ago

67 Claremore Avenue

Birchcliffe-Cliffside, Toronto

$599,000

Detached|Bungalow-Raised
1 | 2 | 1
About this home

Great Investment Opportunity, current tenant is a nice family. which allows for this property to stay as a LTR or like others in the neighbourhood it can become a new build. The property is well-located and thoughtfully updated, this home offers excellent access to public transit and everyday amenities. The main level features a newly renovated kitchen, refreshed flooring throughout, and an updated bathroom. A bright, open living and dining area enhances the functional layout, with a primary bedroom conveniently situated on the main floor. The kitchen provides direct walk-out access to a rear deck and large backyard, perfect for enjoying outdoor space. The fully finished basement offers three spacious rooms and a two-piece bathroom, providing flexible use for work or living arrangements. An ideal option for working professionals seeking comfort, space, and convenience. 1 year lease for current tenants ends Sept 30th.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$3,062
Lot Size30 ft x 120 ft
mls© NumberE13554608
Listed ByRE/MAX HALLMARK 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%
$3,066
Property tax
$255
Heat allowance
$150
Housing costs
$3,471 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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