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Palmerston-Little Italy, Toronto
$1,749,000
Welcome to this solid detached 3-bedroom home located in one of the city's most trendy and desirable neighbourhoods, close to excellent schools, steps to College street & Ossington, ideally close to vibrant restaurants, cafés, parks, and local conveniences. This solid home offers a fantastic opportunity for buyers to modernize and customize to their own style and personal taste. Comfortable & well maintained, you can move in now & update over time at your pace. Enjoy a spacious private backyard, ideal for family gatherings or summer entertaining, plus a solid block garage and convenient two-car parking. The garage also presents potential for future lane way housing, similar to what other neighbours on the street have created (subject to city approvals). The walkout basement adds incredible value with excellent potential for an in-law suite or rental income opportunity. (subject to city approvals) An exceptional chance to invest, customize, and create a beautiful home in a prime location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,330 |
| Lot Size | 20.99 ft x 125.54 ft |
| mls© Number | C13814702 |
| Listed By | CENTURY 21 FINE LIVING 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%
- $8,952
- Property tax
- $611
- Heat allowance
- $150
- Housing costs
- $9,713 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$299,000
gross annual household income
- Payment at 4%
- $7,360 / mo
- Cash down
- $349,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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