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New7 days ago

165 Frank Rivers Drive N

Steeles, Toronto

$1,200,000

Detached|2-Storey
4 | 4 | 5
About this home

Rarely Offered, premium pie-shaped lot near Warden & Steeles, convenient Toronto location, featuring a 4 bedroom house, large 1.5 car garage with storage shelves included, double driveway that fits 4 cars, 2 full bathrooms on the second floor, 1 half bathroom on the main floor and a partially finished 3-piece basement bathroom; shower stall is roughed in/incomplete and left for the buyer to finish. Practical layout, living, dining room, family room with brick fireplace. Bright natural light from the glass sliding door flows into the eat in kitchen with a direct access outside into the expansive, wide backyard that offers enhanced privacy and highlights a seamless blend of indoor and outdoor living. Highly functional, multi-purpose basement design that features a wet bar, large game & recreational area, large bedroom/study, laundry room and a good sized storage that balances entertainment, guest hosting, and utility. Located close To Top-Ranked Schools Including Dr. Norman Bethune CI, Terry Fox PS, And Close To Supermarkets, Shops, Parks, Restaurants, Transit and Hwy.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,023
Lot Size25.22 ft x 120.5 ft
mls© NumberE14093044
Listed ByHOMELIFE FRONTIER 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%
$6,142
Property tax
$502
Heat allowance
$150
Housing costs
$6,794 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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