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Dorset Park, Toronto
$1,078,000
Welcome To This Beautifully Renovated And Spacious Detached Bungalow Offering Comfort, Style, And Incredible Investment Potential! Featuring A Bright Open-Concept Living And Dining Area With Modern Laminate Flooring Throughout, This Home Is Perfect For Families Or Investors Alike. Enjoy The Convenience Of Two Private Ensuite Laundry Areas And A Double Driveway With Ample Parking. Ideally Situated In The Highly Desirable Dorset Park Community, This Home Is Within Walking Distance To Schools, Parks, Public Transit, Shopping, Restaurants, Grocery Stores, And Everyday Amenities, With Quick And Easy Access To Hwy 401.Recent Upgrades Include A High-Efficiency Heat Pump Installed In 2023, Providing Enhanced Comfort And Energy Savings. An Outstanding Opportunity For Homeowners And Investors! Under Current City of Toronto regulations, properties like this may offer excellent potential for the addition of a Garden Suite (Backyard Apartment), subject to all applicable municipal approvals, zoning requirements, permits, and building regulations. This presents exciting possibilities for future rental income or multi-generational living.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,555 |
| Lot Size | 52.25 ft x 136 ft |
| mls© Number | E13499518 |
| Listed By | CENTURY 21 ATRIA 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%
- $5,518
- Property tax
- $380
- Heat allowance
- $150
- Housing costs
- $6,047 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,536 / mo
- Cash down
- $215,600
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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