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New3 hours ago

56 Lovilla Boulevard

Humberlea-Pelmo Park W5, Toronto

$1,129,900

Detached|Bungalow
3 | 3 | 4
About this home

This very nice 3 + 2 bedroom bungalow sits on a beautiful 50 x 120 ft lot in an area with a mix of new and old multi-million dollar homes. This home offers multiple options for the savvy buyer who is looking for a great place to live and invest. The updated interior features 3 good size bedrooms, and cozy living areas, and a modern kitchen with stainless steel appliances, as well as a 2 bedroom basement apartment with separate entrance. Outdoor stone front walkway and backyard porch area and a large backyard for family entertainment. Close to highways, shopping, schools, transit, and other amenities.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,550
Lot Size50 ft x 120 ft
mls© NumberW13863564
Listed BySUTTON GROUP-ADMIRAL 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%
$5,783
Property tax
$379
Heat allowance
$150
Housing costs
$6,313 / mo

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

Down payment20% · $225,980
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,755 / mo
Cash down
$225,980

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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