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Listed 23 days ago

39 Checkendon Drive

Rexdale-Kipling, Toronto

$948,000

Detached|Bungalow-Raised
3 | 2 | 7
About this home

3-Bedroom Raised Bungalow with Spacious 2-Bedroom Lower Level & Excellent Income Potential! Welcome to this lovingly maintained home on a quiet, family-friendly street in an established Etobicoke neighbourhood. Bright, clean and move-in ready, this home offers comfortable living with exceptional flexibility for families, extended family or buyers seeking future income potential. The main floor features a bright open-concept living and dining area with large windows, an updated kitchen, 3 spacious bedrooms and a well-appointed 4-piece bathroom. The lower level is a standout feature! Bright, clean and versatile, it offers a separate kitchen, 2 bedrooms, large recreation room and 3-piece bathroom, plus additional space that could potentially serve as a 3rd bedroom. Ideal for extended family, an in-law setup, guests or potential rental accommodation. The lower level is currently accessed from inside the home, with the potential to create a separate entrance by adding two interior doors. Enjoy the spacious, fully fenced backyard surrounded by mature trees and greenery-perfect for children, pets, gardening and entertaining. Private driveway accommodates up to 6 vehicles. Important updates include central A/C (2024), owned hot water tank and newer appliances .Excellent location close to Etobicoke Humber Park, Humber River trails, Rivercrest Junior School, transit, shopping and everyday amenities, with easy access to Highways 401 & 427 and Kipling GO Station. A home offering space, flexibility and a great income potential!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,966
Lot Size45 ft x 119.97 ft
mls© NumberW13775408
Listed ByKELLER WILLIAMS EMPOWERED REALTY

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,852
Property tax
$331
Heat allowance
$150
Housing costs
$5,333 / mo

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

Down payment20% · $189,600
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,989 / mo
Cash down
$189,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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