10 Furlong Court
Bendale, Toronto
$1,299,000
Just Move-In & Enjoy Stunning, Bright, Spacious & Freshly Painted & top to bottom Renovated Detached Bungalow House With Open Concept Living /Dining & Large 3+3 Bedrooms & 3 Washrooms In Highly Demanding Bendale Area. Fully Finished Basement W/Sep Entrance. Bsmt Rental Potential. Safe & Friendly Neighbourhood. Amazing Unit W/ Abundance of Natural Light. Well Maintained. Close To School, Mall, Ttc & Amenities. Easy Access To 401.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,649
- Property tax
- $354
- Heat allowance
- $150
- Housing costs
- $7,153 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$220,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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