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Listed 5 months ago

110 Beverley Street

Kensington-Chinatown, Toronto

$1,480,000

Semi-Detached |2 1/2 Storey
0 | 4 | 0
About this home

All brick semi- detached large commercial property, located at busy down town in the heart of the city. Close to schools, transportation, few mints to U of T, shopping centre and everything. Large home bright and spacious with separate entrance to gull basement, lots of potential. Independent A/C, heating system on each floor, suitable for professional practices. Ground floor currently used as a doctor clinic. Second floor currently used as a dental clinic. Third floor is vacant can be used as an office. Seller is selling the property as he is retiring, Property can be converted to residential use. Property tax is commercial use now, roof three years old. The flat roof on the second floor is brand new.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$24,544
Lot Size19.33 ft x 93 ft
mls© NumberC12871596
Listed ByTRADEWORLD 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%
$7,575
Property tax
$2,045
Heat allowance
$150
Housing costs
$9,771 / mo

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

Down payment20% · $296,000
25-yr amortization

Income needed

$301,000

gross annual household income

Payment at 4%
$6,228 / mo
Cash down
$296,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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