New1 hour ago
523 Caledonia Road
Caledonia-Fairbank, Toronto
$599,900
Detached|Bungalow
3 | 2 | 2
About this home
Calling All Builders and Renovation Specialists. Perfect location with lots of potential! Good lot size . Shed in fully fenced back yard Property is being sold in as is condition.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,487 |
| Lot Size | 25 ft x 117.5 ft |
| mls© Number | W13720780 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $374
- Heat allowance
- $150
- Housing costs
- $3,594 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $119,980
25-yr amortization
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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