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The Queensway, Toronto (Stonegate-Queensway), ON, M8Y1K3
Asking Price
$1,800,000
4
Beds
5
Baths
Residential
Type
Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.
Great Opportunity at 622 The Queensway! Spacious 4+2 bedroom, 5 bathroom home offering incredible versatility for homeowners, investors, or live/work users. Features a large foyer with impressive circular staircase, granite flooring, and skylights that bring in plenty of natural light. Finished basement with separate entrance is ideal for an in-law or nanny suite. Attached workspace offers many possible uses. Excellent exposure in a prime location. A rare opportunity to live, work, and prosper with the convenience of no commute! (id:24493) MLS® #W12882470 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
0 / 10
Recommended strategy
Rental|Fix & FlipAutomated estimate generated from listing data. Not a property valuation or investment advice.
Property type
Residential
Status
For Sale
Basement
Finished
Separate entrance
Yes
20.0%
Monthly payment (principal + interest)
$9,645
Down payment
$360,000
Mortgage amount
$1,440,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $360,000 · 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
$11,445/mo
Mortgage (P+I)
−$9,645
Property tax
−$1,800
Asking Price
$1,800,000
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