2886 Kingston Road
Cliffcrest, Toronto
$999,000
Power of sale opportunity on corner lot in Cliffcrest. Rare 2 Storey Detached Investment Property. Income Property Or Commercial Opportunity On Prime Land With High Traffic Count ~ 50K+ Cars During Weekdays. The Over-Sized, pie-shaped corner lot offers 80 feet of frontage 130Ft of depth with re-zoning potential. 2 Sep Entrances, Self- Contained Nanny Suite in rear can be re-converted to a garage. Shared Laundry Facility, 6+3 Bedrms, 3+1 Bath. Large 8 Car Parking area behind is accessable from Harewood Ave in a Mature Residential Community.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,143 |
| Lot Size | 80 ft x 86 ft |
| mls© Number | E14121756 |
| Listed By | GET SOLD REALTY INC. |
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%
- $5,113
- Property tax
- $429
- Heat allowance
- $150
- Housing costs
- $5,692 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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