Listed 15 days ago
46 Miramar Crescent
Bendale, Toronto
$899,999
Detached|Bungalow
3 | 2 | 7
About this home
3 bedroom spacious brick bungalow is located in the bendale community .close to public transist,school, & park
Extras
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,607
- Property tax
- $380
- Heat allowance
- $150
- Housing costs
- $5,136 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $180,000
25-yr amortization
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $180,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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