
518 Victoria Park Avenue
The Beaches, Toronto
$1,250,000
Welcome to 518 Victoria Park Avenue, a classic brick semi with curb appeal to spare. A covered front porch, bright red door, sunny bay window and lush, professionally kept gardens make a great first impression.The main and upper levels have 3 bedrooms and a full bathroom, plus separate living and dining rooms that work well for everyday living and for hosting. The kitchen sits close to the dining area for easy entertaining.The finished basement has its own separate entrance and includes 1 bedroom, a full bathroom, a living room and a kitchen. It can help with the mortgage, house extended family, or give a teenager or guests their own space.Out back is a private backyard retreat. The multi-level wood deck leads down to a flagstone patio, shaded by a towering mature tree and surrounded by greenery. It's a quiet spot for morning coffee, summer barbecues or evenings under the string lights. A move-in-ready home with income potential, outdoor living space and parking. Don't miss it!
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,305 |
| Lot Size | 24.67 ft x 108 ft |
| mls© Number | E14133018 |
| Listed By | RE/MAX HALLMARK RICHARDS GROUP REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,398
- Property tax
- $359
- Heat allowance
- $150
- Housing costs
- $6,907 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$213,000
gross annual household income
- Payment at 4%
- $5,260 / mo
- Cash down
- $250,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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