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New3 hours ago

198 Rustic Road

Rustic, Toronto

$1,059,000

Detached|Bungalow
3 | 2 | 4
About this home

Welcome to this charming three-bedroom bungalow nestled on a generous lot in the highly desirable Rustic/Maple Leaf neighbourhood. Lovingly maintained and filled with original character, this home offers comfortable living today along with exciting opportunities to personalize it over time. The inviting bungalow layout features three bedrooms and provides a warm, welcoming foundation for everyday living. Its original character and well-kept condition give the home a distinct sense of charm, while the spacious lot offers room to enjoy the outdoors and make the property your own. Complete with a finished basement with side entrance for rental opportunities. Whether you choose to move in and enjoy it as it is, add your personal touches, or explore future renovation and redevelopment possibilities, this property offers exceptional flexibility. The large lot provides plenty of space to enjoy, with a detached garage offering additional parking, storage or workshop potential. There is room here for gardening, entertaining, relaxing and creating a home that suits your lifestyle. The location is exceptional, with easy access to major highways including the 401, 400 and 407, making commuting throughout the GTA convenient. You're also close to hospitals, schools, parks, shopping, restaurants and everyday amenities. This is a wonderful opportunity to become part of the Rustic/Maple Leaf community and enjoy a charming bungalow on a generous lot in a highly valued neighbourhood. A great property, a great lot and a great location - ready to welcome you home.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,650
Lot Size50 ft x 121 ft
mls© NumberW13875774
Listed ByRE/MAX WEST REALTY INC.

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%
$5,420
Property tax
$388
Heat allowance
$150
Housing costs
$5,958 / mo

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

Down payment20% · $211,800
25-yr amortization

Income needed

$183,000

gross annual household income

Payment at 4%
$4,456 / mo
Cash down
$211,800

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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