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New2 hours ago

206 Berkeley Street

Moss Park, Toronto

$1,229,000

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

This charming Edwardian is an ideal house for the smaller family or a couple who love to entertain. The ground floor is large and wide and has great flow - ideal for 40 friends! The rear walkout leads to a deep west facing garden with multiple seating areas. The house is light and airy with large windows and multiple skylights. The modern kitchen has an adjacent breakfast nook that walks-out to the garden. Upstairs the spacious primary has a cathedral ceiling and double closets. The spa-like main bath has a skylight; a clawfoot soaker tub and a huge separate shower. The charming 2nd bedroom has a walk-out to a west facing deck nestled under a tree. Let's talk potential. This wide and deep lot can easily park 2 cars; 4 with tandem parking. There is potential for a double garage/laneway house. At the back is Milan Street. Half the block have severed half the lot and created new building lots on Milan. We checked. The City says its relatively easy with the many precedents nearby. All this in a great lower Cabbagetown location. Easy access to transit and all the best of downtown!

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nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$6,860
Lot Size18.25 ft x 130 ft
mls© NumberC14168112
Listed ByBOSLEY REAL ESTATE LTD.

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%
$6,291
Property tax
$572
Heat allowance
$150
Housing costs
$7,012 / mo

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

Down payment20% · $245,800
25-yr amortization

Income needed

$216,000

gross annual household income

Payment at 4%
$5,172 / mo
Cash down
$245,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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