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Listed 1 month ago

231 Rosemount Avenue

Corso Italia-Davenport, Toronto

$868,800

Freehold Townhouse|2-Storey
4 | 2 | 2
About this home

Little Italy Gem. This End Unit Freehold Townhouse, is currently rented and divided into 2 units. Second Floor Vacant. Bsmt Tenant Can Leave or Stay. Re-imagine this home to your Needs. 3 Entrances, Double Car Parking via Laneway. Basement Height 6.7 Feet. Separate Shared Laundry Room. Home will be Professionally Cleaned once Tenants Leave. Steps to TTC, Shops, Restaurants.

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agent
Macallum Tepsich
(647) 326-2579
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,280
Lot Size14.79 ft x 110 ft
mls© NumberW13715440
Listed ByRE/MAX WEST 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%
$4,447
Property tax
$357
Heat allowance
$150
Housing costs
$4,954 / mo

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

Down payment20% · $173,760
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,656 / mo
Cash down
$173,760

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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