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Bendale, Toronto
$999,900
DFT!!! SPACE, INCOME & OPPORTUNITY ALL IN ONE! Situated on a premium corner lot, 54 Saratoga Drive is an exceptional opportunity for large or multi-generational families, investors and entrepreneurs. Offering a spacious, functional layout with room for everyone, the property also delivers impressive income potential; the main floor generates $3,500 monthly and the self-contained lower level generates $2,500 monthly. Adding even more versatility is residential zoning with a commercial component, creating exciting live/work and professional-use possibilities. Enjoy the entire home with your family, live in one portion while generating income from the other, accommodate extended family, or explore its investment and commercial potential. A prominent corner location with excellent exposure, close to schools, parks, transit, shopping and everyday amenities. A home designed to grow with you and investment designed to work for you. Premium corner lot with approx. $6,000/month combined income potential. Residential property with commercial component offering flexibility for large/multi-generational families, investors & live/work opportunities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,500 |
| Lot Size | 29.83 ft x 121 ft |
| mls© Number | E13816300 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
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%
- $5,118
- Property tax
- $375
- Heat allowance
- $150
- Housing costs
- $5,643 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$174,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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