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Listed 12 days ago

3 Midburn Avenue

Crescent Town, Toronto

$1,099,000

Detached|2-Storey
3 | 3 | 1
About this home

Welcome to your sanctuary in the city. This stylish renovated picture perfect detached brick house offers comfortable living in this east end sweet spot; a quiet street away from the hustle and bustle but with an abundance of conveniences nearby. You will love the main floor open concept living room dining room and a designer kitchen featuring back lit Onyx, top appliances and custom cabinetry. Second floor has 3 bedrooms with two featuring convenient built-in Murphy bed/desks perfect for a home office/remote work set up. Added income with a fully renovated legal basement apartment that could be easily joined with the rest of the house. Smart design allowed the main house to retain part of the basement for laundry and storage. The fully permitted undepinned basement has high ceilings and separate walk out and is currently tenanted with a AAA tenant ($1,400/mo). Parking is accessed by a spacious mutual drive and the beautiful and sunny garden offers ample outdoor space to enjoy. Play in the backyard or relax on the lovely front porch. Wonderful Dentonia Park (playgrounds, splash pad, multi purpose fields) is at the end of the street and outdoor enthusiasts will love the parks and trails of Taylor Creek. Danforth is a short walk with TTC/subway + GO station close by. Great public TDSB schools - Secord (JK-5), DH Morrison (6-8), East York Collegiate (9-12), St Brigid (Catholic) w/ French immersion options. See attachments for Garden suite potential. Move right in!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,894
Lot Size26 ft x 145 ft
mls© NumberE13597220
Listed ByWRIGHT REAL ESTATE 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%
$5,625
Property tax
$408
Heat allowance
$150
Housing costs
$6,183 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$190,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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