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Mount Dennis, Toronto
$719,900
Turn-key and full of potential, this bright, move-in-ready home sits on a rare wide-frontage lot tucked away on a quiet street in one of Toronto's most connected and up-and-coming neighbourhoods. The open-concept main floor offers spacious living spaces, updated vinyl flooring, a fireplace, and a kitchen with a walkout to the backyard. Newer major mechanical upgrades provide peace of mind, while the large full-sized basement with a separate walk-up entrance and kitchen rough-in opens the door to potential rental income or multi-generational living. An expansive private driveway accommodates ample parking. Ideally situated within walking distance to the Mount Dennis LRT and GO/UP Express stations, offering exceptional transit connectivity with multiple TTC bus routes nearby. This prime location is just minutes from parks, schools, shopping, and a wide range of amenities, making it an ideal choice for both families and commuters. Preliminary Multiplex & Garden Suite Report Available.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,685
- Property tax
- $249
- Heat allowance
- $150
- Housing costs
- $4,084 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $3,029 / mo
- Cash down
- $143,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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