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Mount Pleasant East, Toronto
$949,000
Opportunity knocks in the heart of Davisville Village! Calling all renovators, contractors & young families dreaming of getting into coveted Maurice Cody Elementary School district. Tucked away on a quiet one-block street between Manor Rd. and Belsize Dr. this semi is the size of many detached homes and offers the chance to create your forever home in one of Toronto's most sought-after neighbourhoods. This home is filled with timeless character, the spacious living and dining rooms feature original hardwood floors, wood trim, antique French doors, beautifully preserved decorative fireplace ready to be reimagined. The kitchen flows into the dining room with a w/out to a large backyard with plenty of room for kids, pets & summer entertaining. Upstairs, the large primary bdrm overlooks the big backyard, while two spacious bdrms and a traditional 4-piece bathroom complete the second floor. The lower level is a blank canvas with a separate side entrance from the mutual drive, offering exciting potential for a recreation room, additional bedroom and a 2nd bathroom near the laundry area. The mutual drive includes a City-permitted widened parking space (see Schedule D) for worry-free parking. As every experienced buyer knows, renovations add value, but you can't renovate a better location. This is your chance to invest in an exceptional street and create a home your family will enjoy for years to come. Just a short walk to Mount Pleasant's shops, cafés and everyday conveniences. The TTC bus service to Davisville Station makes downtown travel a breeze and the Greenbelt & June Rowlands Park provides hours of wellness activities with its biking & running trails. And you're a walk away from restaurants, the cineplex and all the amenities at Yonge & Eglinton. This is an Estate Sale being sold in "As Is" condition. Home Inspection is attached to the MLS listing for additional information. Bring your imagination and unlock the incredible potential of this classic Davisville home!
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,857
- Property tax
- $592
- Heat allowance
- $150
- Housing costs
- $5,600 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$172,000
gross annual household income
- Payment at 4%
- $3,994 / mo
- Cash down
- $189,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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