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New4 hours ago

160 Cortleigh Boulevard

Lawrence Park South, Toronto

$2,795,000

Detached|2-Storey
4 | 3 | 5
About this home

More than what meets the eye! This charming red brick home appears as a bungalow, but in fact it has a three-storey rear addition and four cleverly defined bedrooms. Previously renovated by the former owner, this home can appeal to a wide array of buyers - those looking for a foothold in the Allenby/Lawrence Park school district, those looking for a potential building lot, or those downsizing but are not ready for condo living. It holds restored leaded glass windows, pretty principal spaces and a surprisingly large main floor family room at the rear of the home. The kitchen is open-concept to the dining room with quartz countertops, stainless steel appliances, and a breakfast bar. There is a three-piece bathroom between the dining room and the family room, where the home expands to full-width dimensions and a walk-out to the rear deck and garden is accessible. The second floor holds three large bedrooms, all with execellent storage, and a shared four-piece bathroom between them. The primary bedroom has a wall of built-in closets, views over the rear garden, and semi-ensuite access to the bathroom. Set apart from the rest of the home, the fourth bedroom has a separate staircase and is independent in its setting over the garage with its own two-piece bathroom. In the lower level, a large recreation room is present, as is space for a home gym, and a large laundry room. The home is currently tenanted by a respectful family who are on a month-to-month contract. To respect their privacy, the photos attached do not show the tenant's furniture, so the home will appear different in person during your showings.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$15,101
Lot Size50 ft x 134.4 ft
mls© NumberC13704974
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

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%
$14,306
Property tax
$1,258
Heat allowance
$150
Housing costs
$15,714 / mo

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

Down payment20% · $559,000
25-yr amortization

Income needed

$484,000

gross annual household income

Payment at 4%
$11,762 / mo
Cash down
$559,000

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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