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Woodbine-Lumsden, Toronto
$879,900
Welcome to this tastefully updated home that maintains its original character while adding all of the modern comforts. The home's mechanical systems include central A/C, a high efficiency gas furnace, fibre-optic internet, and hard-wired ethernet throughout the home. Solar panels on the roof generate clean electricity and offset the home's energy costs by approx $500 annually. An Ecobee smart thermostat controls it all. This Turn-key East York bungalow is situated on a quiet one-way street, just a short walk from Danforth with its restaurants, retail and transit. The Bloor-Danforth subway line offers 2 subway stations less than a 10 min walk away( Main & Woodbine Stations). Prefer the GO to get downtown? Danforth GO is than a 15 minute walk. Public, elementary and middle schools are nearby.Updated kitchen mixes the restored original cabinetry with new vinyl flooring, a dishwasher, & brand new electric range. ** No carpet!** Updated and original hardwood flooring throughout the main level. The finished basement includes a large open rec-room with new vinyl flooring, a storage area, and a 3 piece bath. Pot lights & and a Franklin gas stove keep the basement bright and cozy. The basement ceiling is open to the joists, and can be closed, painted, or left as-is: you decide. Fully fenced back yard with a covered porch and a modernized detached garage that provides space for bikes, motorcycles, scooters & hobbies. The driveway is too narrow for a car to get to garage but the seller has utilized (permitted) street parking without issue.Don't miss this excellent opportunity to own an updated, move-in ready detached home in a Toronto neighbourhood that is experiencing substantial investment. Home to the east is new, under construction, and 2 homes to west are recently built.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,458 |
| Lot Size | 25 ft x 100 ft |
| mls© Number | E13585894 |
| Listed By | ROYAL LEPAGE RCR REALTY |
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%
- $4,504
- Property tax
- $372
- Heat allowance
- $150
- Housing costs
- $5,025 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,703 / mo
- Cash down
- $175,980
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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