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New5 hours ago

83 Shendale Drive

Elms-Old Rexdale, Toronto

$1,197,000

Detached|2-Storey
3 | 4 | 5
About this home

Best Value in the area, tasteful flawless professional total renovations in 2022, 3+1 bedrooms (fourth bedroom on second floor has been converted to ultra luxury bath/spa), four luxurious bathrooms, one on each floor and 2 on second floor. Top quality upgrades and brushed gold features throughout the property including engineered hardwood, granite counters, large centre island with deep drawers, designer kitchen cabinets coupled with gourmet kitchen stove hood, gas range. Over eight feet ceilings in the lower level recreation/family room with 3 piece bath. Trendy brushed gold bathroom fixtures thru-out. Bright and light open concept theme on main floor, expansive thermal windows creates a feeling of spaciousness and airy feel. Sliding glass doors from main level to concrete patio and backyard which backs onto a park. Double concrete driveway can accommodate up to 5 cars, lower level can easily be turned into a basement apartment or in-law suite if needed. Dining room offers decorative wall, wood burning fireplace. Move in and enjoy for decades without worrying about fixes and repairs. Nearby is Rexdale Mall and Costco with many shops, restaurants and cafes. Very convenient easy access to 401 and major highways.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,248
Lot Size47 ft x 111.16 ft
mls© NumberW14170252
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$6,127
Property tax
$437
Heat allowance
$150
Housing costs
$6,714 / mo

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

Down payment20% · $239,400
25-yr amortization

Income needed

$207,000

gross annual household income

Payment at 4%
$5,037 / mo
Cash down
$239,400

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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