482 Warden Avenue
Oakridge, Toronto
$849,500
***Legal Basement Apartment! *Ideal For First-Time Buyers, Investors Or Multi-Generational Families! *Many Lenders Consider Income From A Legal Apartment When Calculating Mortgage Affordability! * Detached Brick Bungalow Sits On A 40' x 120' Lot And Features A Good Sized Front Yard & Large Backyard! *New Driveway (2005) That Easily Fits 5 Cars! *New Central Air Conditioner (2025) ! *Detached Garage With New Garage Door (2025) ! *Shared Laundry With Coin-Operated Washer & Dryer! *Walking Distance To Public School, Catholic School & Birchmount Park Collegiate Institute! *Great Location On The Bus Line To 3 Subway Stations - Warden, Victoria Park & Main Street!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,097 |
| Lot Size | 40 ft x 120 ft |
| mls© Number | E13714918 |
| Listed By | RE/MAX HALLMARK FIRST GROUP REALTY LTD. |
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%
- $4,348
- Property tax
- $341
- Heat allowance
- $150
- Housing costs
- $4,840 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,575 / mo
- Cash down
- $169,900
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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