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Price Change$798,000

5 1/2 Luttrell Avenue

East End-Danforth, Toronto

$895,000

Semi-Detached |2-Storey
2 | 1 | 1
About this home

Renovated top to bottom, with rear laneway parking for one car and potential for a laneway house down the road - the kind of upside that's hard to find this close to the Danforth. Inside, the only thing on your to-do list is picking a paint colour you probably won't need.The enclosed front porch is a reading nook / drop zone / "let the groceries sit for a sec" room. Past it, open living and dining with pot lights throughout, gleaming floors and an open staircase. The kitchen was built for someone who actually cooks, or wants to learn how: quartz counters, an island with a breakfast bar and feature hood range, stainless appliances, and two skylights that keep the whole space sunlit. Sliding glass doors lead to the deck and a private backyard. Upstairs are two generous bedrooms with closets and a fully renovated 3-piece bath. The finished basement flexes as a home office, playroom, guest room or movie den, with laundry tucked in. The expensive stuff is already handled - heat pump with A/C, roof, skylights and main sewer line all recently done. The heat pump means no gas bill and lower operating costs year-round. Steps to the Danforth's coffee, shops and restaurants, and a short walk to the Bloor-Danforth line.

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,062
Lot Size14.25 ft x 100 ft
mls© NumberE13792642
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,581
Property tax
$255
Heat allowance
$150
Housing costs
$4,986 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,000
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,766 / mo
Cash down
$179,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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