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Kennedy Road, Toronto (Ionview), ON, M1K2C8
Asking Price
$1,050,000
6
Beds
3
Baths
Detached Bungalow
Type
Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.
Prime investment opportunity! 5-minute walk to Kennedy Subway. 3+3 bedroom detached bungalow with separate entrance to high-ceiling basement apartment. Single car garage and 4 car parking in driveway. Open-concept main floor with renovated kitchen, quartz counter, centre island, stainless steel appliances, brand-new dishwasher, and soft-closing drawers. Bright living/dining with large bay window. Fenced yard with covered deck & brick BBQ, large driveway, attached garage. Close to schools, plaza, banks, grocery, shopping, TTC & GO. Quick closing available. (id:24493) MLS® #E12843068 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
8.5 / 10
Recommended strategy
Fix & Flip|RentalAutomated estimate generated from listing data. Not a property valuation or investment advice.
Property type
Detached Bungalow
Status
For Sale
Parking
Driveway
Basement
Separate Entrance to High-Ceiling Apartment
Separate entrance
Yes
Opportunities
Threats
20.0%
Monthly payment (principal + interest)
$5,627
Down payment
$210,000
Mortgage amount
$840,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $210,000 · 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
$6,677/mo
Mortgage (P+I)
−$5,627
Property tax
−$1,050
Asking Price
$1,050,000
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