118 Kitchener Road
West Hill, Toronto
$859,000
Great Opportunities For Investors And First Time Home Buyers!!! The Detached Bungalow Offers A Large Lot, Very Good Layout And Multiple Rooms With Excellent Income Potential. Enjoy The Flexibility To Live In The Home While Renting Out Additional Rooms Or Explore Other Possibilities For Generating Rental Income.Additional With Garden Suite Possibility Due To Lot Size. A Fantastic Opportunity For Those Looking For A Home With Space, Potential And Long Term Investment Value. Don't Miss Out!!!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,028 |
| Lot Size | 50.16 ft x 165.18 ft |
| mls© Number | E13849538 |
| Listed By | HIGHPOINT HOMES REALTY |
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%
- $4,397
- Property tax
- $336
- Heat allowance
- $150
- Housing costs
- $4,882 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$150,000
gross annual household income
- Payment at 4%
- $3,615 / mo
- Cash down
- $171,800
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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