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New5 days ago

40 Montana Avenue

Downsview-Roding-CFB, Toronto

$1,188,000

Detached|Bungalow
3 | 2 | 12
About this home

MOTIVATED SELLER - MAKE AN OFFER! Fantastic North York Location Solid brick 3-bedroom, 2-bathroom bungalow on a large 50' x 150' pool-sized lot. Features a detached 2-car garage plus private driveway parking for up to 10 vehicles.Recent updates include:Freshly painted Living room, dining room, hallway and 3 bedrooms, Newer roof (2022) Newer broadloom in living room & hallway (2024) Located in a highly desirable, family-oriented community with excellent access to transit, schools, parks, and everyday amenities.. Walk to TTC bus. Conveniently located just a short drive or bus ride to York University. With quick access to Highways 400 & 401. TTC Bus routes on Jane St and Wilson Ave provides easy connection to Wilson and Pioneer Village subway stations. Enjoy the convenience of Sheridan Mall just a 5-minute drive or a 15-minute walk. Surrounded by everyday essentials including grocery stores, restaurants, medical clinics, schools, parks and recreation facilities. One of Toronto's most affordable and sought-after neighborhoods, offering exceptional value, convenience, and future growth potential. Perfect for families, investors, or anyone seeking a solid home on a premium lot in a prime location. Private side entrance allows easy access to basement with Bedroom, Kitchen, Bathroom, family room and laundry facility. There is also a large cold-storage/Cantina underneath the front-porch.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,719
Lot Size50 ft x 150 ft
mls© NumberW13674436
Listed ByJDL REALTY INC.

Listing History

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  • 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%
$6,081
Property tax
$393
Heat allowance
$150
Housing costs
$6,624 / mo

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

Down payment20% · $237,600
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$4,999 / mo
Cash down
$237,600

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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