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Trinity-Bellwoods, Toronto
$1,400,000
Pretty, perfect, Palmerston! Buyers, 221 Palmerston is the rare blue beauty built to catapult you up the property ladder. Semi-detached and wholly affordable, it's uniquely divided into 3 separate units, each with its own entrance. Currently earning a healthy income from the top and lower floors (~$4100/month with great tenants) allowing you to live in the updated main floor owner's suite for less money than you'd think. ***** Included is its private backyard oasis shielded from the city with planters & grapevines, a balcony with CN tower views, and a full 2 car garage (!!) to store your cars, big toys, or for a wood workshop. ***** Placed in the covetable, tree-lined & quiet stretch of Palmerston, while also being extremely convenient: perfectly in the middle of Little Italy, Trinity-Bellwoods, Ossington and Kensington, and 1-2 blocks from streetcars and everything you need. ***** Keep the home as-is, or easily transform it back into a single family home for you & your boo. The choice is yours. Live in the neighbourhood you want, for the price you can't believe. Don't miss it!
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,827 |
| Lot Size | 17.25 ft x 127 ft |
| mls© Number | C13722554 |
| Listed By | SAGE 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%
- $7,166
- Property tax
- $652
- Heat allowance
- $150
- Housing costs
- $7,968 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$245,000
gross annual household income
- Payment at 4%
- $5,891 / mo
- Cash down
- $280,000
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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