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1029 - DE Dempsey, Milton
$1,300,000
An exceptional & RARE opportunity to own a versatile live/work freehold townhome, thoughtfully designed for both lifestyle and income potential. This executive residence sits above a professionally finished main floor commercial space ideal for launching your own business or generating additional rental income. The upper-level residence offers approximately 1,775 sq ft of well-maintained living space, featuring 3 spacious bedrooms, 3 bathrooms, and high-end finishes throughout. A standout feature is the expansive 20 x 18 ft terrace, perfect for entertaining or relaxing. The main floor commercial unit spans approximately 725 sq ft and showcases quality leasehold improvements, including a reception area, private offices, and a 2-piece washroom well-suited for a variety of professional uses. Built by the reputable York Trafalgar Homes, this property is perfectly located just minutes from Highway 401 and close to top-rated schools, shopping, parks, the library, and the arts centre. Additional highlights include two covered parking spaces and a full unfinished basement (approx. 725 sq ft) with tall ceilings, offering incredible potential for future customization. Low POTL fee of $98/month. Residential address: 165 Hampshire Way #16.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $4,061 |
| Lot Size | 20.01 ft x 68.54 ft |
| mls© Number | W13072036 |
| Listed By | PROPERTY.CA 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%
- $6,654
- Property tax
- $338
- Heat allowance
- $150
- Housing costs
- $7,142 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$220,000
gross annual household income
- Payment at 4%
- $5,471 / mo
- Cash down
- $260,000
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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