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162 Alderbrae Ave, Toronto, M8W 4K3
Asking Price
$1,500,000
4
Beds
3
Baths
Detached
Type
Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.
PRIVATE SALE Two-storey detached house with new stucco (2022). New second floor addition (2022). Walkout from Living room sliding door to large balcony. 2 Laundry rooms one on second floor and one in the basement. Second floor high gloss kitchen cabinets, quartz countertop and quartz backsplash. 2 bedrooms on second floor, 2 bedrooms on the main floor and 2 bedrooms in the basement. Separate side private entrance to basement. Large garage with concrete floor, electricity, stone front, new stucco (2022), new shingles (2022). New shingles on house roof (2022), 200-amp service. High efficiency gas hot water tank owned (2022). Mostly new windows (2022). Long driveway accommodates lots of parking space. Same owner since 1986. This home would be great for extended family and or income. House in desirable east Alderwood neighborhood. Easy to view.
Opportunity score
5 / 10
Recommended strategy
TurnkeyAutomated estimate generated from listing data. Not a property valuation or investment advice.
Property type
Detached
Parking
large garage, long driveway
Basement
Finished
Separate entrance
Yes
Strengths
Opportunities
Weaknesses
Threats
20.0%
Monthly payment (principal + interest)
$8,038
Down payment
$300,000
Mortgage amount
$1,200,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $300,000 · linked to the mortgage calculator
/mo
Est. 1.2% of price a year
/mo
Repairs, condo fees
Monthly cash flow
Enter the rent to see if this home pays for itself.
Rent needed to break even
$9,538/mo
Mortgage (P+I)
−$8,038
Property tax
−$1,500
Asking Price
$1,500,000
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