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Glasgow Avenue, Toronto (Clairlea-Birchmount), ON, M1K1C1
Asking Price
$580,000
2
Beds
1
Bath
700
Sq ft
string
Type
Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.
This 2-bedroom bungalow offers approximately 700 sq. ft. of living space with a fenced yard. Featuring a 4-piece bathroom, kitchen, and functional layout, the home is in need of extensive repair or rebuild, presenting an excellent chance for builders, renovators, or investors. Located on a quiet street surrounded by many newer homes, and within walking distance to transit, schools, and parks. Property is being sold in as is, where is condition. Interior walkthroughs are unavailable - Only exterior showings. (id:24493) MLS® #E13119114 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Opportunity score
7 / 10
Recommended strategy
Fix & Flip|Rental|TurnkeyAutomated estimate generated from listing data. Not a property valuation or investment advice.
Property type
string
Status
as-is
Square feet
700 sq ft
Separate entrance
No
20.0%
Monthly payment (principal + interest)
$3,108
Down payment
$116,000
Mortgage amount
$464,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $116,000 · 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
$3,688/mo
Mortgage (P+I)
−$3,108
Property tax
−$580
Asking Price
$580,000
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