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Greenwood-Coxwell, Toronto
$1,279,000
This is the Swiss Army Knife of homes! Live in a gorgeous 2 storey owners suite with a rooftop deck and collect $3,490 a month from the existing main floor and lower level suites or treat it as a pure investment before real estate prices rebound. And 8min walk to both Greenwood & Coxwell Stations, with Monarch Park at the bottom of the street (playground, outdoor pool, ice rink & more ) - this location is hard to beat! The main floor is currently a 2 bedroom suite with sliding doors to the backyard (rented for $2,295) while the basement is a 1 bedroom suite with separate side entrance (currently rented for $1,195). The upper suite is a spacious two level residence which will be vacant on possession - allowing a purchaser to move right in or fill at market rent. Great location, fully detached, 3 storeys and 2 car covered parking off a lane!
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,954 |
| Lot Size | 20 ft x 126 ft |
| mls© Number | E13608076 |
| Listed By | RE/MAX HALLMARK REALTY 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%
- $6,547
- Property tax
- $496
- Heat allowance
- $150
- Housing costs
- $7,193 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$221,000
gross annual household income
- Payment at 4%
- $5,382 / mo
- Cash down
- $255,800
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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