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Englemount-Lawrence, Toronto
$999,000
A Rare Opportunity In An Exceptional North York Neighbourhood! Offered As An Estate Sale, 558 Glencairn Avenue Presents A Wonderful Opportunity To Own A Property That Offers The Best Of Both Worlds. Situated On A Premium 35 x 132 Ft Lot, This Home Is Ready To Be Enjoyed Today, With The Added Potential To Renovate, Expand Or Build Your Dream Custom Residence In The Future. Whether You're A First-Time Buyer, Growing Family, Investor Or Builder, The Possibilities Are Endless. Set On A Desirable Street Surrounded By Beautiful Custom-Built Homes And Established Family Residences, This Property Offers An Exceptional Opportunity To Get Into One Of Toronto's Most Established And Sought-After Communities. Enjoy The Home As It Is, Or Take Advantage Of The Generous Lot Dimensions And Create Something Truly Special. Ideally Located Just Minutes To Yorkdale Shopping Centre, Glencairn Subway Station, Top-Rated Schools, Parks, Public Transit, Allen Road And Highway 401. A Fantastic Opportunity To Move In, Make It Your Own And Invest In A Location That Continues To Stand The Test Of Time. 558 Glencairn Avenue Is Full Of Possibilities!
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $517
- Heat allowance
- $150
- Housing costs
- $5,780 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$178,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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