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Varsity Road, Toronto (Lambton Baby Point), ON, M6S4P5
Asking Price
$1,215,000
3
Beds
3
Baths
Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.
Lambton/Baby Point-Opportunity! Monthly rental plus owner suite! Owners suite has excellent square footage with finishing touches required. This building will attract area investors that appreciate the location and income generated from the rental units. Close to Jane and Old Mill Subway, Great schools, Humber River, the Humber River Recreational Trail, plus numerous parks and playgrounds. One of the Cities destination neighbourhoods! (id:24493) MLS® #W13639074 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
RentalAutomated estimate generated from listing data. Not a property valuation or investment advice.
Basement
Fully Finished
Separate entrance
Yes
Strengths
Opportunities
Weaknesses
Threats
20.0%
Monthly payment (principal + interest)
$6,511
Down payment
$243,000
Mortgage amount
$972,000
Rate · amortization
6.5% · 25 yrs
Canadian semi-annual compounding. Add CMHC & land transfer tax →
/month
What it would rent for, all units combined
%
= $243,000 · 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
$7,726/mo
Mortgage (P+I)
−$6,511
Property tax
−$1,215
Asking Price
$1,215,000
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