38 Lombardy Crescent
Kennedy Park, Toronto
$839,000
Opportunity Knocks! Brick Bungalow, This home represents a great chance to affordable home ownership. Separate entrance to basement, 2 Kitchens, Bright Bay Window, Hardwood Floors, Freshly painted, Sliding glass doors - Walk out to deck, Very Rare Double Garage, Private Yard. Very original, it will require TLC., but it represents great value and is in move in condition, Flexible Possession
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,274 |
| Lot Size | 40.05 ft x 79.45 ft |
| mls© Number | E13639058 |
| Listed By | RE/MAX ROUGE RIVER REALTY 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%
- $4,294
- Property tax
- $356
- Heat allowance
- $150
- Housing costs
- $4,801 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$148,000
gross annual household income
- Payment at 4%
- $3,531 / mo
- Cash down
- $167,800
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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