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Listed 1 month ago

54 Saratoga Drive

Bendale, Toronto

$999,900

Detached|Bungalow
3 | 4 | 5
About this home

DFT!!! SPACE, INCOME & OPPORTUNITY ALL IN ONE! Situated on a premium corner lot, 54 Saratoga Drive offers exceptional versatility for large or multi-generational families, investors and entrepreneurs. Featuring a spacious, functional layout and self-contained lower level with excellent income potential, this property offers the flexibility to live comfortably, accommodate extended family or generate rental income. Residential zoning with a commercial component creates exciting possibilities for live/work arrangements and professional uses, subject to applicable requirements. Enjoy a prominent corner location with excellent exposure, close to schools, parks, transit, shopping and amenities. One property, endless possibilities!

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,500
Lot Size70 ft x 121 ft
mls© NumberE13816300
Listed ByREMAX YOUR COMMUNITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$375
Heat allowance
$150
Housing costs
$5,643 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,980
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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