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New4 hours ago

293 Glebemount Avenue

East York, Toronto

$1,189,000

Detached|Bungalow
2 | 2 | 5
About this home

Beautifully Newly Renovated & Move-In Ready! Welcome to 293 Glebemount Ave, a bright and spacious home thoughtfully updated with a fresh, modern aesthetic. The main level features an inviting open-concept living and dining area with wide-plank flooring, pot lights, crown moulding and an abundance of natural light. The sleek renovated kitchen offers contemporary cabinetry, quartz countertops, stainless steel appliances and ample storage, creating a stylish and functional space for everyday living and entertaining. Two generously sized bedrooms and a beautifully updated bathroom complete the main level. A standout feature of this home is the completely separate main and lower-level living spaces, offering exceptional flexibility for extended family, multi-generational living or the potential to generate. additional rental income from the lower level. The fully finished basement features its own modern kitchen, spacious open-concept living area, additional rooms and a separate entrance, allowing each level to function independently.Outside, enjoy a deep, private backyard surrounded by mature trees and established landscaping, offering a peaceful outdoor retreat with plenty of space to relax, garden or entertain. A long private driveway and detached garage provide excellent parking and additional storage.A fantastic turnkey opportunity for homeowners and investors alike-live upstairs while generating potential income below, accommodate extended family, or simply enjoy the additional space. Modern finishes, flexible living options, a beautiful lot and detached garage make this one a must-see!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,045
Lot Size36.12 ft x 124.78 ft
mls© NumberE13870834
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$6,086
Property tax
$420
Heat allowance
$150
Housing costs
$6,656 / mo

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

Down payment20% · $237,800
25-yr amortization

Income needed

$205,000

gross annual household income

Payment at 4%
$5,004 / mo
Cash down
$237,800

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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