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Caledonia-Fairbank, Toronto
$849,000
A true gem in the city! Welcome to 429 Gilbert Ave, a beautifully updated, fully detached home offering modern finishes with a functional layout. The second you step inside, you'll appreciate the bright, open-concept design and smart use of space, with virtually no wasted square footage. Let's not forget the finished basement apartment featuring a separate entrance, additional bedroom, kitchen and living space, bathroom and its own laundry. For added convenience, the front main floor closet is equipped with a laundry hookup with space for a stacked washer & dryer. Step outside to a large backyard with plenty of room for the whole family! Entertain friends, host summer BBQs, create a play area for the kids, grow your own vegetable garden or simply enjoy your own outdoor space in the city. Potential for 2 storey garden suite (see report) Parking with a covered carport adds even more convenience. Located on a quiet, friendly street in a family-oriented Toronto neighbourhood, just steps to the new Eglinton LRT and Bert Robinson Park down the street, with convenient access to schools, shopping and everyday amenities.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,193 |
| Lot Size | 25 ft x 142 ft |
| mls© Number | W13792192 |
| Listed By | RE/MAX PROFESSIONALS 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%
- $4,346
- Property tax
- $349
- Heat allowance
- $150
- Housing costs
- $4,845 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$149,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
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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