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Listed 13 days ago

18 Doverwood Court

Newtonbrook East, Toronto

$1,288,800

Detached|Backsplit 4
4 | 4 | 4
About this home

Location! Location! Location! Stunning Detached Backsplit 4 level Located at the Prime North York Location - Just Steps To Yonge! Featuring Three Self-Contained Rental Units With Separate Entrances Generating Approx. $7000/Month or more +++, Oering Great Rental Income Potential. This Home Boasts Gleaming Hardwood Floors Throughout, Beautifully Upgraded Bathrooms With Elegant Italian Fixtures Including A Walk-In Shower In The Primary Bedroom. Over $100,000 spent on recent renovations and upgrades, including complete exterior waterproofing, three brand-new bathrooms, a fully renovated kitchen, new basement flooring, a brand-new driveway, walk-out basement and new deck.. Situated On A Premium 150 Ft Deep Lot With A Huge Private Backyard, Perfect For Family Living And Entertaining. Conveniently Located Close To Finch Subway Station, TTC, YRT, Shopping, Restaurants, And All Amenities. Nestled On A Quiet, Child-Safe Court - An Ideal Family Home With Income Potential. Don't Miss Out - This One Will Not Last

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Got questions?

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agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,348
Lot Size45 ft x 150 ft
mls© NumberC13646964
Listed ByRE/MAX ATRIUM 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%
$6,597
Property tax
$696
Heat allowance
$150
Housing costs
$7,442 / mo

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

Down payment20% · $257,760
25-yr amortization

Income needed

$229,000

gross annual household income

Payment at 4%
$5,423 / mo
Cash down
$257,760

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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Comparable sales

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