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Alderwood, Toronto
$1,169,000
Every Day Is A Walk In The Park When Living At 169A Hallmark! Incredible Opportunity - Spacious Main-Floor W/ Powder Room, Re-Finished Hardwood Floors, Updated Kitchen (2021), Gas Fireplace W/ Gas Line To BBQ On W/O Deck. Three Large Bedrooms Upstairs W/ Sky Lights, Updated Bathroom (2024). Basement W/ High Ceilings & Sep Entrance For In-Law/Nanny Suite. Ample Parking On Driveway W/ Detached Garage, EV Charger & Solar Panels That Will Put Thousands Of Dollars Back In Your Pocket While Also Providing Energy-Efficiencies! All Of This Located On a Family-Friendly Street With Everything At Your Fingertips! Great Schools: Father John Redmond Catholic School, Sir Adam Beck Jr School, Farm Boy, Kettleman's Bagels, Parks, Shops/Cafes/Restos, Sherway Mall W/ Joey's, Eataly, Cactus Club, Etc. Easy Access To Major Arteries QEW/403 To Get To Downtown Or Airport In Approx. 15/20 Mins. Etobicoke Creek W/ Nature Trails, Lake Access & Long Branch Go Station. I Could Go On... But You Have Got To Come See This Amazing Home For Yourself!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,983
- Property tax
- $364
- Heat allowance
- $150
- Housing costs
- $6,497 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$200,000
gross annual household income
- Payment at 4%
- $4,919 / mo
- Cash down
- $233,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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