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Beechborough-Greenbrook, Toronto
$899,900
Beautifully maintained home, proudly owned by the same family for 65 years! Situated on a quiet, child-friendly street, this lovely home features a spacious living and dining room, an eat-in kitchen, and four bedrooms. The beautifully finished basement offers a separate side entrance, a second kitchen, a 3-piece bathroom, and a huge, modern recreation room with pot lights, plus a spacious cantina.Enjoy a double-car garage and ample driveway parking for up to five vehicles. The detached 20 ft. x 20 ft. garage is ideal for a home workshop or additional storage.Located in an excellent neighbourhood, close to all amenities, schools, Yorkdale Shopping Centre, Highways 400 and 401, Allen Road, public transit, Weston GO Station, and UP Express. Conveniently located within easy walking distance of the Eglinton Crosstown LRT.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,606
- Property tax
- $397
- Heat allowance
- $150
- Housing costs
- $5,153 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$159,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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