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Listed 3 months ago

616 Old Weston Road

Weston-Pellam Park, Toronto

$895,000

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

Welcome to 616 Old Weston Road, a warm and well-kept red brick semi-detached home that has been lovingly maintained by the same family for over fifty years. Inside, the main and second levels unfold with hardwood floors, generous principal rooms, and natural light that moves easily throughout the day. The second floor offers three comfortably scaled bedrooms and a newly renovated family bathroom. The recently renovated lower level adds valuable flexibility, featuring modern dark vinyl flooring, a new kitchen, bathroom, fresh drywall and paint, and a dedicated laundry room, ideal for extended family, guests, or additional living space. A mutual drive provides parking for two vehicles. Set in a family friendly pocket close to General Mercer Junior Public School, St. Matthew Catholic School, and St. Nicholas of Bari Catholic School, with Corso Italia just minutes away for cafes, shops, and everyday essentials, this is a home rooted in community and long-term comfort. Situated on a deep lot with rear laneway access, this property offers exciting future possibilities. In addition to two parking spaces via a shared driveway, the laneway presents potential for additional parking or a future laneway suite. An ideal opportunity for added income or multi-generational living.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,258
Lot Size24.92 ft x 116 ft
mls© NumberW13116340
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

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%
$4,581
Property tax
$272
Heat allowance
$150
Housing costs
$5,003 / mo

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

Down payment20% · $179,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,766 / mo
Cash down
$179,000

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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