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North Riverdale, Toronto
$1,299,000
Solid Brick Detached Home in Riverdale. Lovingly maintained for many years, this solid brick detached home in the heart of South Riverdale offers a rare combination of spacious family living, income potential, and flexibility. The main floor features a generous rear extension, creating an abundance of living space with a large living room, separate dining room, family-sized kitchen with walk-out to the yard, and two well-proportioned bedrooms. With its generous layout, the main floor provides plenty of room for a family while the second and third floors offer excellent rental income potential. The second floor is bright and spacious, featuring an oversized kitchen with walk-out to a southwest-facing deck, plus a bedroom and additional flexible space. With its desirable layout and outdoor space, this unit offers strong rental appeal. The third floor features another spacious one-bedroom layout with high ceilings, large windows, good-sized rooms, and plenty of natural light. The existing configuration can also be easily adapted back to a single-family home, providing buyers with the flexibility to create a home that suits their needs. Situated in highly convenient South Riverdale, this home is close to shops, restaurants, parks, transit, and the many amenities that make the neighbourhood so desirable. A wonderful opportunity for families, investors, or buyers looking for a home with both character and income potential.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,118 |
| Lot Size | 25.08 ft x 100 ft |
| mls© Number | E13814380 |
| Listed By | KELLER WILLIAMS ADVANTAGE REALTY |
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%
- $6,649
- Property tax
- $677
- Heat allowance
- $150
- Housing costs
- $7,475 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
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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