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Rockcliffe-Smythe, Toronto
$839,000
A Rare Opportunity to own a cherished home that has been in the same family for 75 years! Bring your vision and unlock the potential of this charming older home. Imagine the possibilities with the RM zoning on this property. This 3+1 Bedroom, 2 Bathroom home offers plenty of character, a generous lot with partially fenced backyard loaded with perennials, an exciting opportunity for renovators, investors or buyers looking to create a modern space of their own. The Main Floor features classic character, a cozy layout with plenty of possibilities, principal bedroom with large custom walk-in closet & options for another bedroom, office, den or larger dining area. Side entrance leds to the lower level which offers an in-law suite with additional living space, a huge workshop area, lots of storage & a bonus storage area under the large porch. The large lot provides lots of natural sunlight and room to reimagine the property inside and out. Enjoy the convenience of being within walking distance of several schools, shopping, Smythe Park outdoor pool, recreation and everyday amenities. Leave the car behind easily with access to 4 transit stops right outside. A great location, a large lot and loads of potential make this a property worth exploring!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,122 |
| Lot Size | 20 ft x 115 ft |
| mls© Number | W13716524 |
| Listed By | ROYAL HERITAGE REALTY LTD. |
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%
- $4,294
- Property tax
- $260
- Heat allowance
- $150
- Housing costs
- $4,705 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,531 / mo
- Cash down
- $167,800
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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