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New7 hours ago

7 Longhope Place

Don Valley Village, Toronto

$1,425,000

Detached|2-Storey
4 | 3 | 7
About this home

Have you been hoping for the perfect family home for a long time? 7 Longhope offers an optimal combination of space, charm and functionality to raise and grow a family in a highly desirable neighbourhood amongst top ranked schools. For sale for the very first time, this home has an impeccable record of exemplary family service. Lovingly maintained, this large home sits on an expansive lot in a tranquil setting in the prestigious Don Valley Village. The quiet cul-de-sac offers the perfect environment for children to run, bike and play and the basement apartment is ideal for extended family or guests. Ample parking and walk outs from the family room and sun room to the massive back yard are ideal for hosting large family gatherings. Exceptional accessibility to The DVP, 404, 401, 407 and Sheppard Subway station make daily commuting a breeze. For getting into, around, or out of the city this location can't be beat. Close to all amenities and a short walk to Fairview Mall puts the necessities and conveniences of daily living at your doorstep. Offers anytime with flexible move in date.

Extras

No extras listed.

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Open houses

  • Sat, Sep 12

    2:00 PM – 4:00 PM

  • Sun, Sep 13

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,900
Lot Size55.89 ft x 200.89 ft
mls© NumberC13758796
Listed ByROYAL LEPAGE ESTATE 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%
$7,294
Property tax
$575
Heat allowance
$150
Housing costs
$8,019 / mo

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

Down payment20% · $285,000
25-yr amortization

Income needed

$247,000

gross annual household income

Payment at 4%
$5,997 / mo
Cash down
$285,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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