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Listed 12 days ago

8 Mack Avenue

Clairlea-Birchmount, Toronto

$699,900

Detached|Bungalow
3 | 3 | 2
About this home

3+2 Bedrooms detached house in a desirable location. Walking distance to Warden Subway, TTC 24 hr at doorstep, Mins to Doctors, Plazas, Pharmacy, Groceries, School, Etc, Etc, all yours to Enjoy! Beautiful neighborhood to live in and potential rental walkout basement, 2 Separate entrances with 2 washrooms in the basement, Might be possible to make 2 units, Upstairs has 3 full size bedroom with living, dining and full kitchen as well,The house has undergone significant renovations, including a new front railing, staircase, and dirve way. The backyard deck has been replaced, and the basement has been renovated, including one bedroom and the kitchen. Additionally, the main kitchen ceiling has been renovated, and new appliances have been installed, including fridges, ovens, (main floor and basement), washing machine, and dryer. A new hot water tank has also been installed.

Extras

No extras listed.

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No upcoming open houses.

Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,537
Lot Size25 ft x 113.58 ft
mls© NumberE13597974
Listed ByREALTY 21 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%
$3,582
Property tax
$295
Heat allowance
$150
Housing costs
$4,027 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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