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Downsview-Roding-CFB, Toronto
$1,298,000
An exceptional turnkey opportunity for investors and end-users alike! This newly updated bungalow features fully renovated upper and lower levels with high cash-flow potential. Offers a legally registered basement apartment-ideal for multi-generational living or generating dual rental income. Flexibility at its best: the main floor laundry can easily be removed to reopen direct indoor stair access to the basement. Highlights include a brand-new detached garage, a newly paved asphalt driveway, and a large, welcoming front porch. Conveniently located near HWYs 401/400, public transit, parks, and top amenities. Live in one and rent the other, or hold as a prime investment property!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,458 |
| Lot Size | 50 ft x 127.08 ft |
| mls© Number | W13712514 |
| Listed By | ANJIA REALTY |
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%
- $6,644
- Property tax
- $372
- Heat allowance
- $150
- Housing costs
- $7,165 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$220,000
gross annual household income
- Payment at 4%
- $5,462 / mo
- Cash down
- $259,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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