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New2 hours ago

518 Victoria Park Avenue

The Beaches, Toronto

$1,250,000

Semi-Detached |2-Storey
3 | 2 | 2
About this home

Welcome to 518 Victoria Park Avenue, a classic brick semi with curb appeal to spare. A covered front porch, bright red door, sunny bay window and lush, professionally kept gardens make a great first impression.The main and upper levels have 3 bedrooms and a full bathroom, plus separate living and dining rooms that work well for everyday living and for hosting. The kitchen sits close to the dining area for easy entertaining.The finished basement has its own separate entrance and includes 1 bedroom, a full bathroom, a living room and a kitchen. It can help with the mortgage, house extended family, or give a teenager or guests their own space.Out back is a private backyard retreat. The multi-level wood deck leads down to a flagstone patio, shaded by a towering mature tree and surrounded by greenery. It's a quiet spot for morning coffee, summer barbecues or evenings under the string lights. A move-in-ready home with income potential, outdoor living space and parking. Don't miss it!

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,305
Lot Size24.67 ft x 108 ft
mls© NumberE14133018
Listed ByRE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$6,398
Property tax
$359
Heat allowance
$150
Housing costs
$6,907 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$213,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

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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