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Listed 1 month ago

154 Fifth Street

New Toronto, Toronto

$1,139,999

Detached|Bungalow
2 | 2 | 2
About this home

Welcome To This Stunning Bungalow, The Perfect Mix Of Modern Living And Comfort, Move-In-Ready Convenience-Ideal For First-Time Buyers, Small Families, Down-Sizers Or Anyone Looking For Stylish, Low-Maintenance Living By The Lake. Steps Away From Toronto's Waterfront With Amazing Parks, Trails, Excellent Schools, Access To Public Transit, Endless Shops On Lake Shore Blvd And A Short Drive To Downtown Toronto. The Interior Boasts A Bright, Spacious And Modern Open Concept Living Main Floor, With Lots Of Natural Light And Separate Living And Dining Space. With The A Completely Finished Basement And Side Entrance, This Property Comes With A Move-In-Ready Rental Opportunity For First Time Home Buyers And Or Investors Who Are Looking For Income As Well As A Personal Living Space. With A Private Gated Backyard And An Expansive Lot, This Home Is Perfect For Outdoor Entertaining And Growing Families. The Lot Features A Large Patio, Hot Tub, Retractable Awning, Shed And Ample Green Space. This Amazing Backyard Also Includes Laneway Access With An Already Poured Concrete Slab Including Hydro Hook Up Along The Rear Fence Line. An Amazing Opportunity To Be Converted Into A Parking Pad, A Future Garage Or Better Yet A Trendy Laneway Suite For Additional Income. A Truly Special Home Offering A Family Friendly Neighbourhood With City Life.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,457
Lot Size32.03 ft x 118.32 ft
mls© NumberW13495472
Listed ByRE/MAX PREMIER 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%
$5,835
Property tax
$371
Heat allowance
$150
Housing costs
$6,356 / mo

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

Down payment20% · $228,000
25-yr amortization

Income needed

$196,000

gross annual household income

Payment at 4%
$4,797 / mo
Cash down
$228,000

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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