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Listed 1 month ago

1374 Highgate Road

6304 - Parkway Park, Parkway Park - Queensway Terrace S and Area

$584,000

Detached|Bungalow
3 | 1 | 3
About this home

This well-located 3-bedroom bungalow near Baseline Road and Woodroffe Avenue offers real opportunity, for both investors and project seekers alike! Situated on an approx.. 50' x 110' lot, the property provides ample space and potential to renovate and personalize to match your vision. The main level features a spacious living room with a large window, a functional kitchen, three bedrooms and a full bathroom, with the two smaller bedrooms recently repainted. The property may also have potential for a Secondary Dwelling Unit (SDU) and additional rental income, subject to municipal approvals and requirements. Conveniently located near Algonquin College, College Square, parks, schools, transit, shopping, restaurants and major roadways. An additional stand-alone garage in the backyard can be used as a workshop. An excellent opportunity for buyers and/or investors seeking a project with plenty of possibilities. Bring your ideas and dreams and make this home truly your own!

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,050
Lot Size50 ft x 109 ft
mls© NumberX13794482
Listed ByROYAL LEPAGE PERFORMANCE REALTY

Listing History

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

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,989
Property tax
$421
Heat allowance
$150
Housing costs
$3,560 / mo

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

Down payment20% · $116,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,458 / mo
Cash down
$116,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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