260 Clinton Street
Palmerston-Little Italy, Toronto
$1,880,000
Great Investment Opportunity in Toronto's vibrant Palmerston-Little Italy neighbourhood! Fully tenanted semi-detached income property generating $7,300/month ($87,600 annually) in gross rental income. Convenient access to TTC, Christie subway station and the University of Toronto's St. George campus. Close to Bloor Street shops, Little Italy restaurants, cafés and everyday amenities-an appealing location for tenants and a valuable addition to an investment portfolio.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $9,960 |
| Lot Size | 20.17 ft x 127.33 ft |
| mls© Number | C13810720 |
| Listed By | RE/MAX CROSSROADS 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%
- $9,623
- Property tax
- $830
- Heat allowance
- $150
- Housing costs
- $10,603 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$326,000
gross annual household income
- Payment at 4%
- $7,911 / mo
- Cash down
- $376,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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