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New2 hours ago

154 Fifth Street

New Toronto, Toronto

$999,000

Detached|Bungalow
2 | 2 | 2
About this home

Welcome To This Stunning Bungalow, The Perfect Mix Of Modern Living And Comfort, Move-In-Ready Convenience-Ideal For First-Time Buyers, Small Families, Down-Sizers Or Anyone Looking For Stylish, Low-Maintenance Living By The Lake. Steps Away From Toronto's Waterfront With Amazing Parks, Trails, Excellent Schools, Access To Public Transit, Endless Shops On Lake Shore Blvd And A Short Drive To Downtown Toronto. The Interior Boasts A Bright, Spacious And Modern Open Concept Living Main Floor, With Lots Of Natural Light And Separate Living And Dining Space. With A Completely Finished Basement And Side Entrance, This Property Comes With A Move-In-Ready Rental Opportunity For First-Time Home Buyers And/Or Investors Who Are Looking For Income As Well As A Personal Living Space. With A Private Gated Backyard And An Expansive Lot, This Home Is Perfect For Outdoor Entertaining And Growing Families. The Lot Features A Large Patio, Hot Tub, Retractable Awning, Shed And Ample Green Space. This Amazing Backyard Also Includes Laneway Access With An Already Poured Concrete Slab Including Hydro Hook-Up Along The Rear Fence Line. An Amazing Opportunity To Be Converted Into A Parking Pad, A Future Garage Or Better Yet A Trendy Laneway Suite For Additional Income. A Truly Special Home Offering A Family-Friendly Neighbourhood With City Life.

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,457
Lot Size32.03 ft x 118.32 ft
mls© NumberW13661836
Listed ByRE/MAX PREMIER INC.

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%
$5,113
Property tax
$371
Heat allowance
$150
Housing costs
$5,635 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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