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New5 days ago

40 Delaware Avenue

Palmerston-Little Italy, Toronto

$1,449,000

Semi-Detached |2-Storey
4 | 3 | 4
About this home

Welcome to 40 Delaware Ave, a charming 2-storey semi-detached home featuring 4 bedrooms, 3 bathrooms, timeless character with bay window, and a long private driveway leading to a single-car garage and fenced backyard. The main floor features a spacious living room with bay window, decorative fireplace and hardwood flooring, plus a generous dining area with a boxed-beam ceiling. The bright eat-in kitchen offers ample cabinet space and a walkout to the backyard. The second floor features well-proportioned bedrooms, hardwood flooring and a 3-piece bathroom. Enjoy the convenience of a private driveway, garage and backyard in a vibrant neighbourhood. Ideally located just steps from shops, cafes, YMCA, parks and TTC, with easy access to College St, Little Italy and Ossington Ave. A wonderful opportunity to own a character-filled home in the heart of the city.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,962
Lot Size23.67 ft x 137 ft
mls© NumberC13676380
Listed ByRE/MAX WEST 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%
$7,417
Property tax
$747
Heat allowance
$150
Housing costs
$8,313 / mo

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

Down payment20% · $289,800
25-yr amortization

Income needed

$256,000

gross annual household income

Payment at 4%
$6,098 / mo
Cash down
$289,800

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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