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New2 days ago

6162 Kingston Road

Rouge E11, Toronto

$1,349,999

Detached|2-Storey
4 | 3 | 4
About this home

Exceptional Opportunity For Developers, Investors, Or End Users In The Desirable Highland Creek Community. Situated On An Expansive 181.95 Ft X 117.19 Ft Lot, This Property Offers Outstanding Potential To Build A Custom Luxury Residence. The Existing Home Features Over 3000 Sq. Ft. Of Spacious Living Space, Generous-Sized Rooms And Hardwood Flooring Throughout The Bedrooms. Offering Six Bedrooms In Total, The Home Is Well Suited For A Large Family, Multigenerational Living Or Rental Use. The Upper Level Includes Four Bedrooms, Two Bathrooms, While Basement Offers Two Additional Bedrooms, Kitchen And Washroom Conveniently Located Near Guildwood Go Station, U Of T Scarborough, Hwy 401, Schools, Parks, Shopping And Other Amenities.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$7,950
Lot Size117.19 ft x 181.95 ft
mls© NumberE13813388
Listed ByHOMELIFE/FUTURE REALTY INC.

Listing History

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  • 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%
$6,910
Property tax
$663
Heat allowance
$150
Housing costs
$7,722 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$238,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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