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Woodbine Corridor, Toronto
$989,000
Investment opportunity knocks in the heart of East York. This fully rented triplex (as per Geowarehouse) offers stable income and long-term upside in one of Toronto's most sought-after neighbourhoods. Comprising of a main floor two bedroom unit, an upper level 3 bedroom unit and a lower level one bedroom unit with each separate entrances. Approximately 2400 sq ft of living area inclusive of the lower level, on a corner lot 20.67 x 85 ft. Roof completed in 2019, Electrical service two 100 amps panels completed in 2015. Located within close proximity to the Danforth, Woodbine Subway Station, Taylor Creek Park, schools, shops, cafes, and everyday amenities.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,292 |
| Lot Size | 20.67 ft x 85 ft |
| mls© Number | E13617432 |
| Listed By | PROPERTY.CA 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%
- $5,062
- Property tax
- $524
- Heat allowance
- $150
- Housing costs
- $5,736 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$177,000
gross annual household income
- Payment at 4%
- $4,162 / mo
- Cash down
- $197,800
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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