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New3 hours ago

256 The Queensway N/A

Stonegate-Queensway, Toronto

$899,900

Detached|Bungalow
2 | 1 | 4
About this home

Cute as a button on The Queensway! This charming 2-bedroom, 1-bath home sits on an incredible 143-foot-deep lot, offering a rare amount of outdoor space in the city. Create a backyard sanctuary, expand, garden, entertain or let your imagination run wild. An extra-wide City-owned curb area out front provides added room for easier backing in and out. CR2 zoning opens the door to even more possibilities. All of this in the heart of South Etobicoke, close to shops, restaurants, transit, highways, the waterfront and everything The Queensway has to offer. A sweet little house, a seriously deep lot, and plenty of potential.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,550
Lot Size34.22 ft x 143.7 ft
mls© NumberW14116580
Listed ByBRAD J. LAMB REALTY 2016 INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,606
Property tax
$379
Heat allowance
$150
Housing costs
$5,135 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

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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