8 Stanwood Crescent
Humbermede, Toronto
$799,000
***Spacious 5-split detached single-family home or amazing Investment Opportunity!***Possible rental income one garage parking and 4 drive parking, and a sidewalk. Own As An Investment Or Live In With A Substantial Possible Rental Income** Large Detached Five Split With ***a 47 Frontage!!.Large lot overlooking onto Blue haven Park and trail.***The property is minutes away from the New Finch West LRT line, it is close to shopping, schools, groceries, and banks. Close to Highways. One Seller Is A Rra***Note: The pictures in the listing are from an older time period. Some appliances have been changed.***Property inspection report is available**** Seller & Agent Make No Rep And/Or Warranties With Respect To The Retrofit Status Of Subject Property.
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| Type | Detached |
| Style | Backsplit 5 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $4,283 |
| Lot Size | 47 ft x 114 ft |
| mls© Number | W13698212 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $4,090
- Property tax
- $357
- Heat allowance
- $150
- Housing costs
- $4,597 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$141,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
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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