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Palmerston-Little Italy, Toronto
$1,549,000
Three kitchens. Three hydro meters. Three self-contained living spaces. Zero tenants to inherit. Now we've got your attention. Find a substantially renovated, owner-occupied home offering the kind of flexibility that's increasingly difficult to find downtown, and it's completely vacant on closing. Substantially renovated in 2012/13, the home is largely turnkey and currently configured as three separate, self-contained units. Live in one and explore renting the others. Bring family together without actually having to live together. Rightsize while keeping room for children, parents or income. Or invest and start with a clean slate, choosing your own tenants. Three separate hydro meters make the setup especially practical, and parking for one via the mutual drive checks another important downtown box. Then there's the neighbourhood. Mirvish Village is up the street, Little Italy is down the street Bathurst subway and Bloor Street are steps away, and U of T is an easy walk or bike ride. Harbord Village, Kensington Market, The Annex, Seaton Village and Koreatown put an extraordinary amount of Toronto within easy reach. Investor. Rightsizer. Extended family. Or simply someone who appreciates having options. Whatever brings you through the door, this is one you'll want to see before someone else figures out just how useful three front doors can be. Note: End of Row. No Holdbacks on Offers.
No extras listed.
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $10,719 |
| Lot Size | 18.71 ft x 125 ft |
| mls© Number | C13873598 |
| Listed By | FREEMAN REAL ESTATE 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%
- $7,928
- Property tax
- $893
- Heat allowance
- $150
- Housing costs
- $8,972 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$276,000
gross annual household income
- Payment at 4%
- $6,518 / mo
- Cash down
- $309,800
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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