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New2 hours ago

1042 Avenue Road

Yonge-Eglinton, Toronto

$1,699,000

Freehold Townhouse|3-Storey
3 | 3 | 1
About this home

Beautifully built as a part of the esteemed, "On The Avenue" deveopment, this gracious four storey freehold townhome has soaring ceiling heights, large open concept principal rooms on the top suites (two with their own sitting rooms) and a phenomenal, light filled family room on the top floor complete with a built-in bar and a walkout to the fabulous 175 square foot rooftop deck. The elevator services the main level right up to the very top fourth floor for the ultimate in convenience. For ever greater convenience, homeowners here get the benefit of "turn-key" living with professional maintenance serices included in the monthly common element's fee and including landscaping, snow renoval and garbage removal. There is also a heated driveway and guest parking. Nesteled amidst incredibly popular residential neighbourhood and brilliantly located close ot the many restaurants and shop of the ever popular "Eglinton Way" and the new Eglinton LRT, this sought after area has an abundance of parks and trails.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeAtt/Row/Townhouse
Style3-Storey
Approx. Age6-15
Size2000-2500 sq. ft.
Property Tax$7,804
Lot Size16.24 ft x 40.02 ft
mls© NumberC13856606
Listed ByHARVEY KALLES REAL ESTATE LTD.

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%
$8,696
Property tax
$650
Heat allowance
$150
Housing costs
$9,497 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$292,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

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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