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New5 days ago

79 King Edward Avenue

Woodbine-Lumsden, Toronto

$949,900

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

WELCOME 79 KING EDWARD AVE - A CHARMING DETACHED 3-BEDROOM HOME IN HIGHLY SOUGHT-AFTER WOODBINE-LUMSDEN. This inviting home features an enclosed front porch-perfect for relaxing summer days-and a spacious living room with beautiful built-in cabinetry, ideal for both everyday living and showcasing your décor. The large formal dining room is filled with natural light, creating the perfect setting for family gatherings and entertaining. The renovated "Aya" kitchen (approx. 15 years ago) offers custom cabinetry, granite countertops, and stainless steel appliances, including a 5 burner gas stove. The basement is double concrete thick foundation and includes a generous rec room, a utility/laundry area, and a convenient 1-piece bath, with plenty of additional storage space. Enjoy dual entry access, a private backyard with canopy, a large 8X10 garden shed, and rear parking for added convenience and safety. LOCATION, LOCATION, LOCATION! Situated in a family-friendly neighbourhood just steps to Stan Wadlow Park and Taylor Creek Park with scenic trails and green space. Walking distance to Danforth Avenue offering a variety of shops, cafes, and restaurants. Close to top-rated schools including D.A. Morrison Middle School and East York Collegiate Institute. Convenient access to public transit including the TTC subway Line 2 Bloor-Danforth, making commuting downtown a breeze. Nearby grocery options include No Frills, Loblaws, and Metro. A fantastic opportunity to own a solid, well-maintained home in a vibrant and convenient East York community!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,917
Lot Size25 ft x 126.37 ft
mls© NumberE13675970
Listed ByRE/MAX WEST REALTY INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,862
Property tax
$410
Heat allowance
$150
Housing costs
$5,422 / mo

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

Down payment20% · $189,980
25-yr amortization

Income needed

$167,000

gross annual household income

Payment at 4%
$3,997 / mo
Cash down
$189,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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