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New3 days ago

28 Thomas Avenue

Highland Creek, Toronto

$1,350,000

Detached|Bungalow
2 | 1 | 5
About this home

Nestled at the end of a quiet cul de sac of executive homes this unique irregular property widens to just under 120 ft at the garage. Visit and experience the "country in the city feel" of one of the nicest building lots left in the city. In summer enjoy the fruit from apple and pear trees, let the crickets sing you to sleep and the cardinals wake you up. In winter watch deer bounding across your lawn. The property is one street away from valley trails and close to sandy beaches that are never crowded. A five minute stroll will bring you to either to " the village" or UTSC campus. Nearby World class Pan Am centre has any type of activity you can imagine. Express buses to the subway and 2 GO stations are short drives away. Close enough to the 401 for easy access but far enough away to not hear the noise.Seller may consider vendor take-back (VTB) financing for qualified buyers

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,238
Lot Size87.88 ft x 222.83 ft
mls© NumberE13791472
Listed ByNEW ERA REAL ESTATE

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%
$6,910
Property tax
$353
Heat allowance
$150
Housing costs
$7,413 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$228,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

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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