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New4 hours ago

77 Elma Street

Mimico, Toronto

$944,900

Detached|Bungalow
2 | 2 | 3
About this home

Charming, Move-In-Ready Detached Bungalow with Endless Potential!Welcome to this bright and beautifully updated, carpet-free detached bungalow, nestled on an impressive 32 x 125 ft lot in a highly sought-after, family-friendly neighborhood! Offering the perfect blend of charm, comfort, and future potential, this inviting home features stylish interiors and a functional layout designed for easy living.The fully finished basement adds exceptional versatility, complete with an additional bedroom, a 3-piece bathroom, and an existing kitchen rough-in - offering exciting potential for future customization Sump Pump. Enjoy the convenience of a private driveway with parking for up to 3 vehicles.Major Updates Include: Roof (2025), Furnace (2024), and Dryer (2025).Ideally located just minutes from Mimico GO Station, TTC transit, excellent schools, and scenic trails, this home offers a wonderful lifestyle with easy access to everyday amenities and commuting options.Whether you're a first-time buyer, growing family, or investor looking for future potential, this charming bungalow is an opportunity you won't want to miss!

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$4,834
Lot Size32 ft x 125 ft
mls© NumberW14022572
Listed ByRIGHT AT HOME 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%
$4,836
Property tax
$403
Heat allowance
$150
Housing costs
$5,389 / mo

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

Down payment20% · $188,980
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$3,976 / mo
Cash down
$188,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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