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New2 days ago

77 Fifth Street E

New Toronto, Toronto

$815,000

Detached|Bungalow
2 | 2 | 2
About this home

An excellent opportunity for first-time buyers, renovators, investors, or those looking to build in a thriving South Etobicoke neighbourhood. This charming solid 2-bedroom detached bungalow is located in the sought-after New Toronto community and sits on a sizeable lot with plenty of future potential. Offered in as-is condition, the home features; original wood trim in most rooms, fenced yard, detached garage, cosey front porch to relax and enjoy the day, a separate side entrance that may lend itself to future income or multi-generational living possibilities. The deep backyard offers ample outdoor space for family gatherings and gardening enthusiasts..Enjoy the convenience of being just moments from the lakefront, parks, trails, transit, schools, and an array of neighbourhood shops, cafés, and dining options. With easy access to major highways, GO Transit, and downtown Toronto, this property offers the perfect combination of urban convenience and community charm. A fantastic chance to secure a property in one of South Etobicoke's most desirable waterfront neighbourhoods.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$4,489
Lot Size26.17 ft x 123 ft
mls© NumberW13682224
Listed ByRE/MAX CONDOS PLUS CORPORATION

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%
$4,172
Property tax
$374
Heat allowance
$150
Housing costs
$4,696 / mo

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

Down payment20% · $163,000
25-yr amortization

Income needed

$144,000

gross annual household income

Payment at 4%
$3,430 / mo
Cash down
$163,000

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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