271 John Tabor Trail
Malvern, Toronto
$699,900
Updated Corner Lot Bungalow. Live & Rent, updated bungalow featuring an attached single car garage and driveway parking for 3 cars. Offers excellent income potential with a professionally finished 3 Bedroom basement apartment, separate entrance, separate laundry, and pot lights. Updated throughout and move in ready! **Conveniently located: just steps to public transit, schools and only 5 minutes to the university, colleges, shopping, and Highway 401. A fantastic opportunity for homeowners and investors alike. Live in one unit and rent the other. This home has it all.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,729 |
| Lot Size | 59.61 ft x 123 ft |
| mls© Number | E14086200 |
| Listed By | HOMELIFE/CHAMPIONS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,582
- Property tax
- $311
- Heat allowance
- $150
- Housing costs
- $4,043 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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