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Sold ConditionalUpdated 17 minutes ago

50 Silverview Drive

Newtonbrook East, Toronto

$1,398,000

Detached|Bungalow
3 | 4 | 4
About this home

Fully Renovated 3 Bed 4 bathrooms Bungalow In Prime Location Within Walking Distance To The Subway! Beautiful Mature 50 X 120 Ft Lot With A Clear Park View. Reno'd Kitchen W/ Quartz Counters & Backsplash & Island. Reno'd Bathroom With New Tiles, Vanity, Toilet, Faucets. Spacious Living & Dining Room W/ Gas Fireplace. New Entrance Door & Doors & Handels. Smooth Ceiling With Fresh Painting, New Floor. Good Potential Income ( 2 Bedroom Basement Unit). Separate Entrance Door

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,677
Lot Size50 ft x 120 ft
mls© NumberC14134112
Listed ByJDL 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%
$7,156
Property tax
$640
Heat allowance
$150
Housing costs
$7,945 / mo

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

Down payment20% · $279,600
25-yr amortization

Income needed

$244,000

gross annual household income

Payment at 4%
$5,883 / mo
Cash down
$279,600

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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