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Listed 18 days ago

783 Birchmount Road

Ionview, Toronto

$785,000

Semi-Detached |2-Storey
3 | 2 | 3
About this home

Move-In Ready with High-Yield ADU Potential! Attention First-Time Buyers & Investors! Welcome to 783 Birchmount Road, a beautifully maintained 3-bedroom, 2-bath brick semi-detached home in Toronto's high-growth Clairlea-Birchmount hub. Offering the perfect blend of immediate comfort and lucrative rental scale, this property is a rare find. What sets this property apart is its potential layout for an Accessory Dwelling Unit (ADU). The finished basement features a separate entrance potential, a massive rec room (convertible to a 4th bedroom), and a 4-piece bath. Combined with a deep 140-foot private lot and tons of parking, it offers the ultimate blueprint for a cash-flowing basement apartment or an independent garden suite. Offset your mortgage via house-hacking or maximize your homes yield from day one. Don't have the time to do renos now? Inside, enjoy a sunlit living layout, hardwood floors, and a modern updated kitchen (2021). The major systems are completely optimized for low-maintenance ownership: high-efficiency furnace (2015), tankless water heater (2021), and central AC (2022).Location is unmatched for long-term appreciation-steps from the Eglinton Crosstown LRT, Centennial College, and the Eglinton Shopping District.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,295
Lot Size25.5 ft x 140 ft
mls© NumberE13578614
Listed ByRE/MAX REALTRON SMART CHOICE TEAM

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%
$4,018
Property tax
$275
Heat allowance
$150
Housing costs
$4,443 / mo

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

Down payment20% · $157,000
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$3,303 / mo
Cash down
$157,000

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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