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New2 days ago

110 Stevenson Road

Mount Olive-Silverstone-Jamestown, Toronto

$888,888

Detached|Backsplit 5
7 | 5 | 6
About this home

Welcome To 110 Stevenson Drive. Set On A Generous 45 x 149 FT Lot, Offering An Excellent Opportunity for Homeowners Or Investors. Already Zoned As A Duplex! This Rarely-Offered Detached Backsplit Property Provides An Exceptional Potential For Investors, Renovators, Or Those Looking For Multi-Generational Living. With 7 Bedrooms, A Functional Layout, And A Separate Entrance To A Finished Basement, The Home Provides A Flexible Foundation For Income-Generating Possibilities Or A Full-Scale Transformation. Conveniently Located In Proximity To Schools, Parks, Shopping Centres, Highway 427, Highway 407, Highway 401, Pearson International Airport, And Transit. This Is An Opportunity To Unlock The Full Potential Of A Well-Located Property In An Established Neighborhood.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,203
Lot Size45.5 ft x 149.77 ft
mls© NumberW13821318
Listed ByRE/MAX METROPOLIS REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,550
Property tax
$434
Heat allowance
$150
Housing costs
$5,133 / mo

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

Down payment20% · $177,778
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,741 / mo
Cash down
$177,778

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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