30 Hedgewood Road
Bridle Path-Sunnybrook-York Mills, Toronto
$3,280,000
Stately & Stunning. Extensively Reno'd On York Mills Most Coveted Address-Hedgewood Rd. Old World Charm Maintained W/The Utmost In High End Fin & Updates. Soaring Foyer Ceils. 2 Fps. Hwd T/Out.Chef's Gourm Kit W/Granite C/Tops, & Center Isld, Brkfst Area With W/Out To Gdns & Access To Mudrm. Formal Din Rm & Liv Rm-Perfect For Ent. Sep Master Retreat Boasts Wicc & 6Pc Marble Ens.New Hard Floor In Basement With 2Bdrs, Rec Rm & Ample Storage.Lush Gdn.Premium Corner Locale.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $16,789
- Property tax
- $1,095
- Heat allowance
- $150
- Housing costs
- $18,034 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$555,000
gross annual household income
- Payment at 4%
- $13,803 / mo
- Cash down
- $656,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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