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Listed 22 days ago

40 Tansley Avenue

Bendale, Toronto

$989,000

Detached|Bungalow
3 | 3 | 8
About this home

Exceptional Detached Bungalow on a Premium 42 x 125 Ft Lot! This home offers outstanding versatility for families, investors, and mutli-generational living. The main-level features hardwood flooring throughout, 3 spacious bedrooms, 3 bathrooms, and a bright eat-in kitchen with granite countertops, stainless steel appliances, a gas stove, and a large bay window that fills the space with natural lights. The fully finished basement with a seperate entrance is perfectly designed for extended family or income potential, featuring 3 additional bedrooms, 2 bathrooms, and a full kitchen-an excellent opportunity for rental income or an in-law suite. Enjoy a private, oversized lot in a sought-after, familt-friendly neighbourhood close to schools, Thompson Park, walking and biking trails, TTC, Scarborough Health Network, shopping, restaurants, and everyday amenities, with convenient access to major commuter routes. A fantastic opportunity to own a spacious bungalow with income potential on a premium lot in a prime location!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,261
Lot Size42.5 ft x 125 ft
mls© NumberE13557272
Listed BySUTTON GROUP OLD MILL REALTY INC.

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%
$5,062
Property tax
$355
Heat allowance
$150
Housing costs
$5,567 / mo

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

Down payment20% · $197,800
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$4,162 / mo
Cash down
$197,800

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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