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Listed 15 days ago

24 Elmvale Crescent

West Humber-Clairville, Toronto

$1,100,000

Detached|Backsplit 4
5 | 2 | 4
About this home

This bright, very spacious, and well-maintained detached home offers exceptional versatility for growing families or multi-generational living. This home offers over 2000 square feet of above grade finished space and 680 square feet with a large recreation room and finished bar with sink below. This 4-level backsplit features 5 generously sized bedrooms, multiple living spaces, and a functional layout designed for comfort and convenience. The home includes three separate living areas, a dedicated dining room, and a fully finished basement-providing plenty of room to relax, entertain, or create additional living quarters. With two full bathrooms, a complete laundry area, and a well-equipped setup that includes two fridges, two stoves and a stand alone freezer. Perfectly suited for extended family living or potential rental income. Situated on an oversized lot with a private driveway, this home also offers ample outdoor space and parking. Additional features include a full HVAC system for year-round comfort. A fantastic opportunity in a desirable Toronto location-don't miss your chance to make this versatile property your next home.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$4,381
Lot Size42.23 ft x 139.91 ft
mls© NumberW13868712
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,630
Property tax
$365
Heat allowance
$150
Housing costs
$6,145 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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