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Bendale, Toronto
$999,900
THE PERFECT BLEND OF LIFESTYLE, SPACE & INCOME! Welcome to 23 Penetang, an exceptional opportunity for investors, growing families and multi-generational living. Beautifully finished throughout, this home features spacious rooms, hardwood floors and a custom kitchen with quartz countertops, breakfast bar and modern finishes. Step outside to your own private summer retreat with a large deck, side yard and in-ground pool. The fully finished basement with separate entrance adds incredible flexibility and income potential. Currently generating approx. $3,300/month on the main floor + $1,800/month from the basement. Continue as an income-producing investment, live in one portion while offsetting your mortgage, or create the space your growing family needs. A home to enjoy today, with income potential working for your future. In-Ground Pool, Large Deck, Side Yard, Insulated Carport W/Cedar Ceiling & Pot Lights, Separate Basement Entrance, Custom Kitchen W/Quartz Counters & Breakfast Bar. Excellent Income & Multi-Generational Potential.
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| Type | Detached |
| Style | Backsplit 3 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,504 |
| Lot Size | 43.1 ft x 117.41 ft |
| mls© Number | E13784386 |
| Listed By | REMAX YOUR COMMUNITY 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%
- $5,118
- Property tax
- $375
- Heat allowance
- $150
- Housing costs
- $5,643 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$174,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,980
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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