4 Michigan Drive
Newtonbrook East, Toronto
$1,698,000
Exceptional North York opportunity on a premium 65 by 128.47 Foot Lot backing onto Lillian Park. This Spacious detached side-split-4 with 3 bedrooms and 3 bathrooms including a spacious Den/Office and 2 wood-burning Fireplaces and Finished Recreational Basement. Separate Rear Entrance has Potential for Nanny Suite. Ready for a full custom renovation or multi-generational living. Close to Parks, Transit, Finch Subway and Top Schools. Property being sold "as is, where is" with no warranties. Bring your vision and transform this property into something truly special.
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $9,630 |
| Lot Size | 65 ft x 128.47 ft |
| mls© Number | C14150398 |
| Listed By | REAL BROKER ONTARIO 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%
- $8,691
- Property tax
- $802
- Heat allowance
- $150
- Housing costs
- $9,644 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$297,000
gross annual household income
- Payment at 4%
- $7,145 / mo
- Cash down
- $339,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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