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New3 hours ago

35 Memorial Park Avenue

Danforth Village-East York, Toronto

$1,100,000

Detached|Bungalow
2 | 2 | 5
About this home

Sometimes the perfect home just comes along. Welcome to 35 Memorial Park Avenue, a cool and charming detached bungalow sitting on a fabulous 33' by 100' lot, in a family friendly neighbourhood with great schools, tons of green space and easy access to all parts of the city. This home has been beautifully renovated with solid hardwood floors throughout the main floor, stone countertops in the modern, open concept kitchen, top of the line appliances, excellent blinds and modern lighting. Need a touch of charm? Check out the gorgeous crown moulding. A bonus sunroom with plenty of space for your morning coffee overlooks the stunning garden with a brand new deck, flowers and fruit trees. A lovely renovated bath and two super bright bedrooms with closets complete the main floor. Need space for the in-laws, a nanny, guests or potential tenants? The basement features a large family room, a full kitchen, 3 piece bath and a separate bedroom with tons of storage, along with a large laundry room, and is accessible with its own private entrance. The detached garage is a carpenter's dream, with workbench and storage, or it can happily accommodate your car. And the private drive has space for 4 more! 35 Memorial Park Avenue is a true gem, whether you are looking for your first home, downsizing, or looking for a house with potential rental income and room to expand.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,095
Lot Size33.67 ft x 100 ft
mls© NumberE13713054
Listed ByREAL ESTATE HOMEWARD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,630
Property tax
$425
Heat allowance
$150
Housing costs
$6,205 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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