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New2 hours ago

850 Ossington Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$1,195,000

Detached|2-Storey
4 | 3 | 6
About this home

Investors Dream Porperty! 3 units, separate meters, 2 parking spots per unit from back laneway, bayckyard, vacant units, Selling As Is, One water meter, self contained units

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,003
Lot Size25 ft x 124 ft
mls© NumberW13797490
Listed ByRE/MAX REALTRON 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%
$6,117
Property tax
$584
Heat allowance
$150
Housing costs
$6,850 / mo

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

Down payment20% · $239,000
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,029 / mo
Cash down
$239,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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