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New2 hours ago

88 Montrose Avenue

Trinity-Bellwoods, Toronto

$1,349,000

Semi-Detached |2 1/2 Storey
4 | 2 | 2
About this home

Love life in Little Italy ...Toronto city living as good as it gets! South off vibrant College Street and steps to it all. Duplex (per MPAC) with two lovely bi-level apartments, high ceilings in main living areas, Victorian charm intact, modern amenities, each has own ensuite laundry. *** Apt#1 - Main + Bsmt. is a 2 Bedroom + unit, rented for $3069/mo + hydro ($3128 as of Jan.1), featuring eat-in kitchen w/dishwasher in island, reno'd bath, hardwood, funky metal spiral staircase, huge Rec Room in lower level or use as Main BR, 2 walk-outs (kitchen + basement) to private city perennial garden and garage access *** Apt#2 - Upper unit 2nd + 3rd floors is a 2 Bedroom $2,750/mo + hydro ($2802 as of Dec.1), Primary Bdrm on 3rd floor with skylight, Modern kitchen and bath, hardwood, bright and airy *** Both Tenants are month to month but would absolutely love to stay, or perfect for Owner looking for extra rental income. Conscientious Owners are offering a well kept property, with recent sewer upgrades, Aetna warranty in effect. Just steps to Trinity-Bellwoods Park, loads of life on College and Ossington, groceries nearby, easy access to TTC on College and Dundas, U of T / TMU. hospitals, downtown. Walk Score 93 = a Walkers Paradise, so daily errands do not require a car, one minute walk to Dundas West 505 streetcar. Showings require minimum 24 hour prior notice for Tenants.

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agent
Macallum Tepsich
(647) 326-2579
TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,709
Lot Size16 ft x 113 ft
mls© NumberC14153920
Listed ByRE/MAX WEST 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%
$6,905
Property tax
$726
Heat allowance
$150
Housing costs
$7,781 / mo

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

Down payment20% · $269,800
25-yr amortization

Income needed

$239,000

gross annual household income

Payment at 4%
$5,677 / mo
Cash down
$269,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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