475 Delaware Avenue
Dovercourt-Wallace Emerson-Junction, Toronto
$1,999,999
Ready Move in. One Of A Kind Property In The Heart Of Toronto Boasting A Brand New Built Never Live In Legal 2br + Den LANEWAY HOME. And Newly Renovated Main House Featuring 3 Bedroom + Bachelor Basement. Flexible Closing PROPERTY HIGHLIGHTS: TWO INCOME-GENERATING BUILDINGS - New Build Laneway Home + Newly Renovated Main House! TOTAL: 5+2 Bedrooms | 7 Washrooms? Main House: 3 Bdr Units + Bachelor Basement (Perfect for Rentals- Move-in Ready! Investors - Laneway Home 2+1Bdr Potential High Cash Flow, Low Maintenance, Premium Location! Owner-Occupiers - Live in Main House, Rent The Rest!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,543 |
| Lot Size | 18 ft x 125 ft |
| mls© Number | W13520832 |
| Listed By | IKON REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,237
- Property tax
- $462
- Heat allowance
- $150
- Housing costs
- $10,849 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$334,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
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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