Listed 15 days ago
1355 Victoria Park Avenue
Clairlea-Birchmount, Toronto
$2,350,000
Detached|2-Storey
3 | 2 | 5
About this home
Own a piece of Toronto History. The William Devinish Home Original structure built in 1893. This home has a great deal of potential for a variety of uses. Formerly used as professional offices. Larger lot facing Victoria Park Ave.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 3000-3500 sq. ft. |
| Property Tax | $6,877 |
| Lot Size | 80.11 ft x 125.16 ft |
| mls© Number | E13586120 |
| Listed By | RE/MAX MILLENNIUM REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,028
- Property tax
- $573
- Heat allowance
- $150
- Housing costs
- $12,751 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $470,000
25-yr amortization
Income needed
$392,000
gross annual household income
- Payment at 4%
- $9,889 / mo
- Cash down
- $470,000
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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