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New3 hours ago

982 Briar Hill Avenue

Briar Hill-Belgravia, Toronto

$1,200,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to this charming 2+1 bedroom bungalow in Toronto's family friendly Briar Hill-Belgravia neighbourhood, great for first time buyers, downsizers, or investors seeking a property w/space, convenience & potential. Set on a generous 32.5ft x 120ft lot with private driveway, offering rare combination of comfortable everyday living, room to grow, & exciting future possibilities in an established community. The main floor features a bright living room w/large picture window filling the space w/natural light, along w/a working wood fireplace. The combined Dining area is a cozy and inviting setting for meals & entertaining. The kitchen is practical, featuring a window above the sink, plenty of cupboard space for pantry essentials, cookware & storage. The primary bedroom is conveniently located on the main floor, while both the primary & second bedroom offer large windows, closets & carpeting for added comfort. A 4-pc bath includes a window & ample counterspace for your daily routine. The basement extends the home's functionality w/additional bedroom, a utility room big enough to be a flex/bonus room ideal for storage, home office, hobby room, or other creative uses, plus a 3 piece bathroom w/two entrances - one from the bedroom & one from the hallway. Laundry is also located in the basement for practical everyday use. Enjoy the home's HUGE fenced-in backyard with lots of trees and foliage. Close proximity to several parks including Viewmount Park w/Tennis Club, Ben Nobleman Park, & Walter Saunders Memorial Park w/York Beltline Trail just a few blocks south. Sobeys is nearby for grocery shopping, while the shops, restaurants, and more along Dufferin St & Eglinton Ave W provide excellent everyday convenience. Commuters will appreciate easy access to Hwy 401 across Toronto & the GTA, as well as nearby Glencairn subway station. Offering a great lot, a functional layout, a welcoming neighbourhood & plenty of potential to make it your own, this is an exciting opportunity!

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,989
Lot Size32.5 ft x 120 ft
mls© NumberW13705610
Listed ByCRESCENT REAL ESTATE 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%
$6,142
Property tax
$332
Heat allowance
$150
Housing costs
$6,625 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$204,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

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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