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New22 hours ago

290 Sheppard Avenue W

Lansing-Westgate, Toronto

$2,458,000

Detached|Backsplit 5
4 | 3 | 8
About this home

Investors Attention in The Heart of North York Center, Close to Subway, Shopping Center, and City Facilities, Re-Zoing Approved With 6 Floors, 38 Rooms Hotel. This is A Great Opportunity To Own a Money Maker In a the Heart of North York With a Large Flow of People, Visitors. A Detached Backsplit 5 With 4+ Rooms, Separate Entrance, 3 Washrooms, and 2 Kitchens.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$26,843
Lot Size50.06 ft x 125.16 ft
mls© NumberC13763346
Listed ByHOMELIFE NEW WORLD REALTY INC.

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%
$12,581
Property tax
$2,237
Heat allowance
$150
Housing costs
$14,968 / mo

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

Down payment20% · $491,600
25-yr amortization

Income needed

$461,000

gross annual household income

Payment at 4%
$10,344 / mo
Cash down
$491,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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