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Listed 2 months ago

53 Neilson Drive

Markland Wood, Toronto

$1,250,000

Detached|1 1/2 Storey
3 | 2 | 3
About this home

53 Neilson Drive is a distinctive one and a half storey home located in the established Markland Wood community. Offering 1,365 sq. ft. above grade, the home features 3 bedrooms, 1.5 bathrooms, and a practical floor plan with a comfortable flow throughout. Set on a 52.5' x 114' lot, the backyard offers exceptional outdoor space and will appeal to gardening enthusiasts. The home has been well cared for over the years, with pride of ownership evident throughout. Conveniently located close to parks, recreation, excellent schools, Markland Wood Golf Club, shopping, transit, and major highways, it offers an opportunity to become part of one of Etobicoke's most established neighbourhoods. Seller makes no representations or warranties.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,965
Lot Size52.5 ft x 114 ft
mls© NumberW13453132
Listed ByKELLER WILLIAMS EMPOWERED 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%
$6,398
Property tax
$414
Heat allowance
$150
Housing costs
$6,962 / mo

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

Down payment20% · $250,000
25-yr amortization

Income needed

$214,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

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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