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Listed 1 month ago

36 Fourteenth Street

New Toronto, Toronto

$590,000

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to 36 Fourteenth Street - A 2-bedroom, 2-bathroom bungalow with a finished basement, nestled in the sought-after community of South Etobicoke. Just a short stroll to Humber College on Lakeshore Boulevard and only five minutes from the Gardiner Expressway. Ideal for renovators or investors having a fantastic lot in a prime location. Property is being sold As-is.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,684
Lot Size25 ft x 113 ft
mls© NumberW13737868
Listed ByRE/MAX WEST REALTY INC.

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%
$3,020
Property tax
$307
Heat allowance
$150
Housing costs
$3,477 / mo

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

Down payment20% · $118,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

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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