Listed 2 months ago
2640 Midland Avenue
Agincourt South-Malvern West, Toronto
$5,000,000
Detached|2-Storey
3 | 4 | 26
About this home
Builder, Developers , Toronto, Scarborough very nice location to use for Residential Development Land, Minutes to 401, 404 & 407. ShoppingMall , Schools, Go Train. Subway. Listing being sold in combination with 2636 Midland Ave.
Extras
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,176 |
| Lot Size | 292.81 ft x 290.51 ft |
| mls© Number | E13185538 |
| Listed By | RE/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%
- $25,592
- Property tax
- $515
- Heat allowance
- $150
- Housing costs
- $26,257 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $1,000,000
25-yr amortization
Income needed
$808,000
gross annual household income
- Payment at 4%
- $21,041 / mo
- Cash down
- $1,000,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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