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New5 hours ago

198 McCaul Street

Kensington-Chinatown, Toronto

$1,888,000

Semi-Detached |2 1/2 Storey
6 | 5 | 2
About this home

Exceptional opportunity in the heart of downtown Toronto! This spacious 2 1/2 Storey Victorian-style semi-detached home offers an impressive 6 bedrooms, 4 full bathrooms plus a main-floor powder room, with exceptional space and versatility for large or multi generational families and investors alike. The main level features impressive 10-ft ceilings, 2 bedrooms, kitchen, powder room, unheated walk-thru pantry and mudroom with walkout to the backyard patio. The second floor offers a large bedroom with a private 3pc ensuite bath, 2nd bedroom, another 3pc bath and an eat-in kitchen. While the third floor features 2 additional bedrooms, including a front bedroom with its own private 3-piece ensuite. The lower level provides additional open space with laundry, utility room, 3 pc bath and an additional storage room with sink, countertop, gas supply and window. Finally the basement is completed with a cold room/cantina. A standout downtown feature is the oversized detached garage, complete with a convenient drive-through door opening directly onto the backyard patio accessed via a concrete laneway. Ideally situated close to universities, hospitals, transit, dining and Toronto's vibrant downtown amenities. An exceptional property where space, character, flexibility and location come together! A truly unique opportunity in one of Toronto's most sought-after downtown settings! This property has been maintained in great condition!!!

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$9,054
Lot Size14.5 ft x 134.5 ft
mls© NumberC13880322
Listed ByHOMELIFE/TREASURE REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,664
Property tax
$755
Heat allowance
$150
Housing costs
$10,568 / mo

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

Down payment20% · $377,600
25-yr amortization

Income needed

$325,000

gross annual household income

Payment at 4%
$7,945 / mo
Cash down
$377,600

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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