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Listed 24 days ago

7 Norice Street

7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area

$779,900

Detached|1 1/2 Storey
3 | 1 | 2
About this home

Calling all investors! This newly renovated 3 bedroom detached home offers the ability to rent or owner occupy with the option to develop at any time. Incredible development potential on this oversized lot measuring 83.50 x 119.20 ft. zoned N2E. Excellent location close to parks, schools, churches + steps to all shopping amenities on the Merivale Rd strip. The functional layout with primary bedroom and full bathroom on main level, 2 secondary bedrooms on second level, large rec room and dining and new kitchen. Don't miss this unique opportunity at a great price.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,056
Lot Size83.45 ft x 119 ft
mls© NumberX13834908
Listed ByCENTURY 21 SYNERGY REALTY INC.

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%
$3,992
Property tax
$421
Heat allowance
$150
Housing costs
$4,563 / mo

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

Down payment20% · $155,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,282 / mo
Cash down
$155,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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