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New7 hours ago

150 Spalding Road

Downsview-Roding-CFB, Toronto

$1,249,000

Detached|Bungalow
3 | 2 | 5
About this home

Welcome to this beautiful 3?Bedroom, 2-bathroom Bungalow in a Prime Toronto Neighbourhood - Endless Potential for Families, Investors or Builders. This well?kept bungalow situated on a generous 55' x 132' lot, offers exceptional versatility for a wide range of buyers. Whether you're a young family looking for a warm place to grow, an investor seeking rental income or a builder - this property delivers outstanding opportunity. The home features a single-car garage with a double-wide driveway, providing ample parking. The spacious backyard is a true highlight: A perfect space for children to play, pets to roam or future development plans. A separate side entrance to the basement opens the door to potential in?law accommodations or an income?generating suite. Located in a highly convenient neighbourhood close to: Elementary, High Schools & York University, Humber River Hospital, Yorkdale Mall, TTC subway access, and Highways 401 & 400, this address offers both comfort and connectivity. Properties with this level of flexibility and location rarely come to market. Don't miss out on this opportunity.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,555
Lot Size55 ft x 132 ft
mls© NumberW13797460
Listed ByVANGUARD REALTY BROKERAGE CORP.

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%
$6,393
Property tax
$463
Heat allowance
$150
Housing costs
$7,006 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$216,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

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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