Sought After South Preston home! Legal Duplex is a great mortgage helper! The main unit is a spacious kitchen/eating area with white cabinets, stainless appliances, 3 bedrooms & renovated 3 pc bathroom on the Main and Second floor. Lower level is a one bedroom with 3pc & eat in kitchen. There is a large covered rear deck and a single garage with work shop area accessible by the city lane. Furnace replaced in 2019. Owned New Tankless Water Heater
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,780 |
| Lot Size | 40 ft x 100 ft |
| mls© Number | X13171638 |
| Listed By | CITYSCAPE REAL ESTATE LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,578
- Property tax
- $315
- Heat allowance
- $150
- Housing costs
- $4,043 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
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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