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Rockcliffe-Smythe, Toronto
$649,900
Welcome to 21 Porter Ave, a fantastic opportunity in the heart of North York! This 2+1 bedroom home features a separate basement apartment, offering added flexibility and plenty of potential. Whether you're looking to enter the real estate market or add another property to your portfolio, this home is full of possibilities. The existing layout offers a great starting point, with an opportunity to renovate, update, and personalize the space to suit your taste and lifestyle. The separate basement apartment adds another layer of value, providing flexibility for additional living space or rental income. A great chance to get into an established neighbourhood and make a property your own, rather than paying a premium for someone else's renovations. Conveniently located close to shopping, restaurants, schools, parks, transit, and everyday amenities. Bring your vision and unlock the potential of 21 Porter Ave. A great opportunity to own in North York and create something truly your own!
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,161 |
| Lot Size | 30 ft x 110 ft |
| mls© Number | W14179198 |
| Listed By | ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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%
- $3,326
- Property tax
- $263
- Heat allowance
- $150
- Housing costs
- $3,740 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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