623-623A The Queensway N/A
Stonegate-Queensway, Toronto
$2,150,000
Spacious Mixed-Use COMMERICAL/RESIDENTIAL Property Located On The Rapidly Growing Queensway Corridor In Etobicoke. Featuring A Bright And Spacious 3-Bedroom Residential Unit On The Upper Levels, Perfect For End-Users Or Additional Rental Income. Main Floor Retail Storefront Offers Excellent Exposure Along With Approx. 10 Ft Ceiling Height, Plus A Clean Open-Concept Basement With Approx. Existing Tenant Can Stay Or Vacant Possession Can Be Provided. Rear Laneway Access With 2 Parking Spaces. Incredible Opportunity For Investors, End-Users, Or Live/Work Owners In One Of Etobicoke's Most Promising And Continuously Developing Areas.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,051 |
| Lot Size | 18.04 ft x 82.75 ft |
| mls© Number | W13116060 |
| Listed By | RE/MAX IMPERIAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $11,005
- Property tax
- $671
- Heat allowance
- $150
- Housing costs
- $11,826 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$364,000
gross annual household income
- Payment at 4%
- $9,048 / mo
- Cash down
- $430,000
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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