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Listed 19 days ago

9 Ravenswood Drive

Sutton & Jackson's Point, Georgina

$699,000

Detached|Bungalow
3 | 4 | 6
About this home

Exceptional investment opportunity! This fully tenanted detached bungalow features 4 tenants, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a property with strong cash flow potential, this is an opportunity you won't want to miss.Each unit offers functional living space, making the property attractive to long-term tenants and helping maintain consistent occupancy. With multiple income streams under one roof, this property presents a practical and efficient investment in today's competitive market.Conveniently located close to schools, shopping, public transit, parks, and other everyday amenities, this income-producing property combines a desirable location with excellent investment potential. A turnkey addition to any real estate portfolio with reliable tenants already in place.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,575
Lot Size60 ft x 85 ft
mls© NumberN13576448
Listed ByVALERY REAL ESTATE INC.

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%
$3,578
Property tax
$298
Heat allowance
$150
Housing costs
$4,026 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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