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New3 hours ago

38 Gordon Street

Little Portugal, Toronto

$999,999

Semi-Detached |2-Storey
3 | 2 | 1
About this home

Prime Location & Excellent Potential! Ideally situated close to an array of amenities, this property offers convenience, functionality, and plenty of potential. Enjoy ample street parking along with one private parking space in the rear laneway. Recent major updates include a roof replacement in 2021 and furnace and air conditioning replaced in 2020, providing added peace of mind. The property is conveniently located near shopping, malls, the Exhibition, public transit (TTC), and everyday amenities. The backyard features an established grapevine, adding character and charm to the outdoor space. A fantastic opportunity in a highly convenient location with excellent potential. Laundry in the basement. Don't miss this opportunity!

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nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$5,770
Lot Size17.75 ft x 83 ft
mls© NumberC13847702
Listed ByHOMELIFE/LOCAL REAL ESTATE LTD.

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%
$5,118
Property tax
$481
Heat allowance
$150
Housing costs
$5,749 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

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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