8 Newlove Court
Elms-Old Rexdale, Toronto
$1,199,000
*UNIQUE DETACHED 3 BEDROOM RAISED BUNGALOW with A DOUBLE CAR GARAGE *WELL KEPT HOME* ORIGINAL OWNERS* PREMIUM COURT LOCATION *SPACIOUS FLOOR PLAN With LARGE CENTRE HALL *BIG PRIMARY BEDROOM with 2-PCE WASHROOM *STRIP HARDWOOD AND CERAMIC THROUGHOUT * ENJOY THE FRONT PORCH OR THE SIDE PORCH THAT FEATURES Two (2)COLD ROOMS * WOW AMAZING WALK-OUT BASEMENT *PROFESSIONALLY FINISHED BASEMENT with 2ND KITCHEN, SEPARATE SIDE ENTRANCE AND BACK WALK-Out ENTRANCE, AND 2 HUGE BEDROOMS *INCOME POTENTIAL* DON'T MISS THIS 1 OF A KIND BUNGALOW* NEAR ALL AMENITIES, SCHOOLS, SHOPPING, HWYS, BUS, ETC.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,540 |
| Lot Size | 45 ft x 129.7 ft |
| mls© Number | W13118056 |
| Listed By | ROYAL LEPAGE IGNITE 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%
- $6,137
- Property tax
- $378
- Heat allowance
- $150
- Housing costs
- $6,665 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$205,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
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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