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East End-Danforth, Toronto
$1,135,000
Fantastic opportunity for investors or multi-generational families! This detached home offers two separate living quarters, providing flexibility, privacy, and excellent income potential. Situated on a generous lot with a spacious backyard, this property is ideally located just minutes from downtown Toronto and steps from the waterfront, parks, trails, and the highly sought-after Upper Beaches community. The main level features a bright foyer and spacious living room with large windows that fill the home with natural light. The primary bedroom offers a walkout to a deck, creating the perfect space to enjoy your morning coffee or unwind at the end of the day. The lower level includes a functional kitchen with pot lights, stainless steel sink, and a walkout to the backyard. The adjoining dining area is combined with the kitchen, creating an inviting space for everyday living and entertaining. A spacious bedroom with closet space and convenient ensuite bath completes this level. Upstairs, you'll find a separate living area highlighted by a vaulted ceiling and large windows. The bright kitchen features a walkout to a private balcony, while the bedroom offers ample closet space and natural light. With separate living spaces, a desirable location close to transit, waterfront amenities, and downtown Toronto, this property presents an exceptional opportunity for investors, first-time buyers looking for mortgage assistance, or families seeking versatile living arrangements.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,520 |
| Lot Size | 24.67 ft x 75.16 ft |
| mls© Number | E13617390 |
| Listed By | RE/MAX Rouge River 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%
- $5,809
- Property tax
- $460
- Heat allowance
- $150
- Housing costs
- $6,419 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$198,000
gross annual household income
- Payment at 4%
- $4,776 / mo
- Cash down
- $227,000
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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