Listed 2 months ago
279 Mcroberts Avenue
Caledonia-Fairbank, Toronto
$799,900
Detached|Bungalow
3 | 2 | 3
About this home
Quaint 3 Bedroom Bungalow with Separated Rear Entrance Walk Up Basement Suite, Suitable for In Laws and Family, Rare Double Garage and Access from Rear Laneway. Separate Side Door Access from Both Front and Rear Yards, Sellers Have Owned Property almost 60 Years.
Extras
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,065 |
| Lot Size | 18.02 ft x 122.16 ft |
| mls© Number | W13438430 |
| Listed By | ORION GROUP REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,094
- Property tax
- $339
- Heat allowance
- $150
- Housing costs
- $4,583 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $159,980
25-yr amortization
Income needed
$141,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
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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