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Mount Pleasant East, Toronto
$2,388,000
A Rare Midtown Offering - An Exceptional 1924 Gem Beautifully renovated and rich in character, this elegant three-storey home is tucked away on a quiet dead-end street in the heart of Midtown. Set on an extraordinary 32 x 200 ft professionally landscaped lot backing directly onto Sherwood Park, it offers a truly exceptional blend of urban convenience and tranquil park-side living.The main residence seamlessly combines timeless charm with modern comfort, offering generous principal rooms and wonderful spaces for family living and entertaining. Stunning open concept gourmet kitchen with family room walking out to massive deck and landscaped paradise . Five large bedrooms on 2 floors. The lower level features a beautifully renovated two-bedroom suite with its own kitchen, living area and laundry, while retaining the staircase to the main house, if needed to easily enjoy as an expansive family recreation space. Steps to Mount Pleasant and Yonge Street, in a coveted neighbourhood known for its strong community spirit and cherished traditions, including the annual lobster feast, Easter egg hunt, street sale and movie night! A truly special home, setting and opportunity. There is nothing like it.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $12,223
- Property tax
- $854
- Heat allowance
- $150
- Housing costs
- $13,227 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$407,000
gross annual household income
- Payment at 4%
- $10,049 / mo
- Cash down
- $477,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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