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New3 hours ago

256 Erskine Avenue

Mount Pleasant East, Toronto

$1,998,000

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

Stunning family home nestled in the coveted Sherwood Park neighbourhood in midtown Toronto! Beautiful eat-in kitchen boasts a breakfast bar, Wolf gas stove, pot lights and a picturesque bay window. Formal dining room opens to an inviting family room with gas fireplace and a walk-out to the rear gardens. Finished lower level with high ceilings is perfect for entertaining or a home office. Bright and spacious principal rooms have been professionally painted in a neutral designer palette. Other notable features include 3 large bedrooms, 3 spa-inspired bathrooms, gleaming hardwood floors, skylights, new roof and a new deck. Built-in garage has plenty of storage space and the private driveway can accommodate additional 2 cars. Conveniently located close to the subway, outstanding schools, trendy dining, shopping and parks. Welcome Home!

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,875
Lot Size25 ft x 130 ft
mls© NumberC13875188
Listed ByRE/MAX WEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,227
Property tax
$823
Heat allowance
$150
Housing costs
$11,200 / mo

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

Down payment20% · $399,600
25-yr amortization

Income needed

$345,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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