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New3 hours ago

85 Floral Parkway

Maple Leaf, Toronto

$849,900

Detached|Bungalow
3 | 2 | 4
About this home

Two homes in one in Maple Leaf. This updated detached bungalow on a 40 x 120 ft lot pairs a bright 3-bedroom main floor with a separate-entrance 2-bedroom lower level, fully renovated in 2024. Live upstairs and let the rent help carry the mortgage, or give extended family their own space. The main floor has a sun-filled living room, fresh paint, 3 generous bedrooms, a renovated bathroom (2024) and a crisp white kitchen with a new stove and oven (2024). The lower level has its own kitchen, living room, 2 bedrooms, 3-pc bath, laundry and separate side entrance. The big-ticket items are done: triple-pane windows and new front door (2025), furnace and central air (2024), owned hot water tank (2024) with no rentals, sewer backup valve (2024), and new eavestroughs and a rebuilt chimney (2026). Outside, a long private driveway, a deep backyard and refreshed curb appeal. Steps to TTC, Humber River Hospital, schools, parks and St. Fidelis Church, with quick access to Hwy 401/400, Yorkdale Mall and downtown. Move-in ready for first-time buyers, investors and downsizers alike.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,351
Lot Size40.05 ft x 120.16 ft
mls© NumberW14178854
Listed ByRIGHT AT HOME REALTY

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%
$4,350
Property tax
$363
Heat allowance
$150
Housing costs
$4,863 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

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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