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Humberlea-Pelmo Park W4, Toronto
$999,000
Great opportunit for a large family dreaming of building their own home in the future. Weather you are a small contractor or an end users here is your opportunity. Lot has been Severed into 2, 25 x 103 FT lots! They include Plans, Survey, Committee of Adjustment Approvals for 2 Detached, Two-Storey, 3 bedroom homes, approx 2000 sq ft of living space with walk out basement suites. Existing home is rented at the moment with very cooperative tenants ( ask LA for details) Vacant possession possible. Across from Shopping, close to Highways401/400 and Public transit. Steps to Crawford Jones Memorial Park.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,169 |
| Lot Size | 50 ft x 103 ft |
| mls© Number | W13704182 |
| Listed By | SUTTON GROUP OLD MILL REALTY INC. |
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%
- $5,113
- Property tax
- $514
- Heat allowance
- $150
- Housing costs
- $5,777 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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