583 Elliott Crescent
1031 - DP Dorset Park, Milton
$898,000
High-utility 2-storey home featuring a fully finished walk-up basement apartment with a separate entrance, offering excellent in-law or income potential. This versatile property includes 2 kitchens, 3 bedrooms, and 3 bathrooms, a new furnace, mostly new appliances, 2 refrigerators, and 2 brand-new washer and dryer sets. Enjoy a private side yard for the basement apartment and a spacious backyard with plenty of room for entertaining or a future pool. Ideally located in the sought-after Dorset Park community, close to parks, schools, trails, shopping, transit, and all amenities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,354 |
| Lot Size | 55.09 ft x 120.18 ft |
| mls© Number | W13627084 |
| Listed By | HOMELIFE CLASSIC REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,596
- Property tax
- $363
- Heat allowance
- $150
- Housing costs
- $5,109 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,779 / mo
- Cash down
- $179,600
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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