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Listed 4 months ago

16 Pryor Avenue

Weston-Pellam Park, Toronto

$915,000

Semi-Detached |2-Storey
5 | 3 | 1.5
About this home

***Location Location Location*** Great Investment Property Is Waiting For You! Is A Hidden Gym Located In An Trendy Neighborhood Waiting For The Right Astute Buyer. The Property Currently Boasts Two Kitchens/Two Units With Multiple Bedrooms For Resident's Needs. Potential Total Market Rents Can Reach $5200 PLUS! Bathroom On Each Floor. The Property Includes a Large Lane Way Garage. House Can Be Easily Transformed Back Into Single Family Unit By Breaking Drywall Partition On Main Floor Bedrooms To Create a Large Living And Dinning Space. The Area Has Many Exciting Projects Just Finishing and Starting, Nearby Public Transit, Stockyards Shopping Centre, With Many Parks and Schools Nearby. This Is A Great Property Waiting For You. **EXTRAS** Property Is Divided Into Two Units (Front & Back Units). First Entrance To The Main & Second Floor Unit In The Front. Other Half Of Main Floor & Basement Unit Entrance Located At The Back. Two Finished Basement Bedrooms Not Shown In Pictures & Floor Plan.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,076
Lot Size18.75 ft x 130 ft
mls© NumberW13089828
Listed ByRIGHT AT HOME 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%
$4,683
Property tax
$256
Heat allowance
$150
Housing costs
$5,090 / mo

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

Down payment20% · $183,000
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,850 / mo
Cash down
$183,000

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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