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New6 days ago

68 Elfreda Boulevard

Clairlea-Birchmount, Toronto

$1,150,000

Detached|Bungalow
3 | 2 | 3
About this home

Gorgeous Bungalow Sought After City Convenient, Bright & Spacious, Total of 5 Bedrooms, 2 Kitchens With Separate Entrance and Above Grade Windows, This Home Has Lot of Potential & Income Producing Property, Steps To Schools, Parks, Shoppings, Warden Subway, 10 Mins to Scarborough Bluffs.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,291
Lot Size40 ft x 172.25 ft
mls© NumberE13836206
Listed ByRE/MAX REALTRON REALTY INC.

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%
$5,886
Property tax
$358
Heat allowance
$150
Housing costs
$6,394 / mo

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

Down payment20% · $230,000
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

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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