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New2 hours ago

1107 Gerrard Street E

South Riverdale, Toronto

$1,350,000

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

Beautifully renovated, spacious, and light-filled 3-bedroom, 2-bath semi-detached home featuring high ceilings and rich mahogany floors through-out. The eat-in kitchen offers a centre island with breakfast bar, quartz counter-tops, and high-quality appliances - ideal for both everyday living and entertaining. Enjoy two gas fireplaces and a stunning primary bedroom with vaulted ceilings! Two luxurious bathrooms and a finished lower level complete the home, featuring a large laundry room and a wine cellar. Walk-out to a rear deck and fully enclosed backyard. Includes two parking spaces.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,819
Lot Size18.33 ft x 97 ft
mls© NumberE13721094
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • 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%
$6,910
Property tax
$402
Heat allowance
$150
Housing costs
$7,461 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$230,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

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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