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Rexdale-Kipling, Toronto
$878,999
Rare opportunity in a prime location! Attention builders, renovators, and investors-this property offers outstanding potential to renovate, expand, or build new. Existing bungalow is being sold in "as is" condition. Premium lot in a desirable neighbourhood surrounded by quality homes and convenient and easy access to shopping, schools, and public transit. Endless possibilities for those looking to create something special! Property also permits Commercial use under current zoning. Mixed-use zoning allows residential and select commercial uses. Live/Work opportunity.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,605 |
| Lot Size | 45 ft x 112.18 ft |
| mls© Number | W13564154 |
| Listed By | RIGHT AT HOME REALTY |
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%
- $4,499
- Property tax
- $300
- Heat allowance
- $150
- Housing costs
- $4,950 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$152,000
gross annual household income
- Payment at 4%
- $3,699 / mo
- Cash down
- $175,800
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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