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New7 hours ago

14 Bowsfield Road N

York University Heights, Toronto

$999,000

Freehold Townhouse|3-Storey
5 | 5 | 2
About this home

Attention Investors & Savvy Buyers! Rare turnkey cash-cow opportunity in a high-demand location. This massive income property easily generates over $8,000 per month in gross rental income. Fully optimized layout currently features 5 reliable, AAA+ tenants who can be seamlessly inherited by the new owner, providing immediate positive cash flow from day one. Exceptionally maintained with functional living spaces, large windows, and great mechanics. Unbeatable location with strong rental demand, close to transit, universities/colleges, shopping, and highways. High-yielding assets like this rarely come to market. Do not miss out on adding this powerhouse to your real estate portfolio!

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,196
Lot Size20.01 ft x 100.07 ft
mls© NumberW13690298
Listed BySUPERSTARS REALTY 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%
$5,113
Property tax
$433
Heat allowance
$150
Housing costs
$5,696 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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