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Price Change$939,000

42 Kay Drive

Mount Olive-Silverstone-Jamestown, Toronto

$929,000

Detached|Backsplit 5
3 | 2 | 3
About this home

Fully renovated large detached brick back split home featuring high-end finishes and strong attention to detail. The home offers a state-of-the-art eat-in kitchen with quartz countertops, stainless steel appliances, and under-cabinet lighting. The home includes a formal dining room, spacious living room, and a separate family room featuring a wood-burning fireplace. Waterproof flooring runs throughout the house. All popcorn ceilings have been removed and replaced with smooth skim-coated ceilings. All switches and outlets have been replaced. Modern light fixtures are installed throughout the home. A new Wi-Fi garage door adds convenience and security. The upper level offers three bedrooms and a three-piece washroom with a standing glass shower and modern vanity. The home is freshly painted throughout. The finished basement includes an additional bedroom and living space, ideal for guests or extended family. The exterior features a patio backyard with a freshly painted fence for a clean, modern look, concrete two-car parking, a landscaped front yard, and a spacious lot. Ideally located close to public transit, schools, and Hwy 407.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,393
Lot Size33.83 ft x 77.18 ft
mls© NumberW13231528
Listed ByRE/MAX COMMUNITY REALTY 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%
$4,755
Property tax
$283
Heat allowance
$150
Housing costs
$5,188 / mo

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

Down payment20% · $185,800
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,909 / mo
Cash down
$185,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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