20 Kelvin Avenue
East End-Danforth, Toronto
$895,000
Beautifully renovated, detached 2-unit home featuring 3 bedrooms, 2 brand-new bathrooms and 2 newly renovated kitchens. Freshly painted throughout with modern wood-look vinyl flooring and stylish quartz countertops. Walkout from the kitchen to a beautiful backyard, ideal for outdoor enjoyment. A detached garage is an excellent potential for laneway housing ( see attachment). A great opportunity for homeowners and investors alike. Move-in ready with modern updates and future potential! Roof was redone in 2023. Some photos have been virtually staged.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,891 |
| Lot Size | 16.08 ft x 118 ft |
| mls© Number | E14115734 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $4,581
- Property tax
- $324
- Heat allowance
- $150
- Housing costs
- $5,055 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,766 / mo
- Cash down
- $179,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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