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New51 minutes ago

45 Eaton Avenue

Danforth, Toronto

$1,079,000

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

First Time Offered for Sale Since 1971! A rare opportunity in the heart of Greektown. This detached home at Eaton Ave and Danforth sits on 20x123 Ft Lot with coveted rear laneway access from Gertrude Place Rd to access two car parking which is uncommon. Offerings 3 bedrooms, high ceilings, and potential walk up separate entrance from the basement, the property presents a great opportunity to renovate, invest or complete redevelopment, including the possibility of laneway housing, subject to municipal approvals. Enjoy a transit friendly location just steps to the Danforth restaurants, cafes, shops, and only minutes to Pape station on the Bloor-Danforth subway line. Providing easy access to the city, parks and quality schools at your doorstep. A standout opportunity with long term upside in one Toronto's most dynamic and sought after neighbourhoods with a connection to the future Ontario subway line. *Property being sold as-is where is conditions"

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$6,696
Lot Size20 ft x 123.5 ft
mls© NumberE14167870
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$5,523
Property tax
$558
Heat allowance
$150
Housing costs
$6,231 / mo

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

Down payment20% · $215,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,541 / mo
Cash down
$215,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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