New2 hours ago
49 - 740 KENNEDY Street
Ionview, Toronto
$569,000
Freehold Townhouse|2-Storey
2 | 2 | 1 | 0
About this home
****GREAT OPPORTUNITY FOR HOME OWNERSHIP***LOWEST ASKING PRICE IN YEARS***1000 SQFT***2 PLUS 1 BEDROOMS***2 BATHROOMS***PARKING SPOT AT DOOR***BACKYARD***FINISHED BSMT***CAC***FRESHLY SANDED FLOORS***NEW PAINT THROUGHOUT***
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,903 |
| mls© Number | E14007914 |
| Listed By | RIGHT 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%
- $2,912
- Property tax
- $242
- Heat allowance
- $150
- Housing costs
- $3,304 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $113,800
25-yr amortization
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,394 / mo
- Cash down
- $113,800
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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