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New3 hours ago

74 Lunness Road

Alderwood, Toronto

$1,298,900

Detached|Sidesplit
6 | 2 | 6
About this home

Welcome to 74 Lunness Rd. Located in the highly desirable Alderwood neighbourhood. This charming home offers the perfect blend of convenience and potential, with easy access to highways, public transportation and Long Branch GO station. Ideal for first time buyers and growing families or investors. Set on generous lot 47 x 117, the property offers endless possibilities, whether you are looking to renovate or built from the ground up.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,369
Lot Size47.11 ft x 120.41 ft
mls© NumberW13779228
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,648
Property tax
$447
Heat allowance
$150
Housing costs
$7,246 / mo

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

Down payment20% · $259,780
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,780

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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