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Oakwood Village, Toronto
$998,000
Welcome to 724 Vaughan Rd in midtown Toronto. A unique opportunity. Currently offering single family residence with potential for multiple units all in one property. With a main floor, upper floor and basement you have the flexibility to create a comfortable family home, a live work set up or convert to multiple units (zoned RA*777). Whether you are an end user, entrepreneur or investor, this property offers space, flexibility, and opportunity in one of Toronto's established communities. Where your vision can become your next great investment.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,389 |
| Lot Size | 33.5 ft x 110 ft |
| mls© Number | C13692264 |
| Listed By | ROYAL LEPAGE SIGNATURE 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%
- $5,108
- Property tax
- $366
- Heat allowance
- $150
- Housing costs
- $5,624 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,200 / mo
- Cash down
- $199,600
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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