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New3 hours ago

21 Porter Avenue

Rockcliffe-Smythe, Toronto

$649,900

Detached|Bungalow-Raised
2 | 2 | 1
About this home

Welcome to 21 Porter Ave, a fantastic opportunity in the heart of North York! This 2+1 bedroom home features a separate basement apartment, offering added flexibility and plenty of potential. Whether you're looking to enter the real estate market or add another property to your portfolio, this home is full of possibilities. The existing layout offers a great starting point, with an opportunity to renovate, update, and personalize the space to suit your taste and lifestyle. The separate basement apartment adds another layer of value, providing flexibility for additional living space or rental income. A great chance to get into an established neighbourhood and make a property your own, rather than paying a premium for someone else's renovations. Conveniently located close to shopping, restaurants, schools, parks, transit, and everyday amenities. Bring your vision and unlock the potential of 21 Porter Ave. A great opportunity to own in North York and create something truly your own!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,161
Lot Size30 ft x 110 ft
mls© NumberW14179198
Listed ByROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

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%
$3,326
Property tax
$263
Heat allowance
$150
Housing costs
$3,740 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

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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