The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 1185 Lichen Avenue - a beautifully updated END UNIT 3 bedroom, 2 bathroom townhome situated on a large pie-shaped lot with NO REAR NEIGHBOURS! Beautiful curb appeal and a brick façade welcome you into the bright foyer with a large closet and garage access, offering your first glimpse of the gleaming hardwood floors that flow throughout the main and second levels. At the front of the home, the spacious living and dining areas are filled with natural light and seamlessly connect to the renovated kitchen featuring white cabinetry, subway tile backsplash, black fixtures, stainless steel appliances, ample cabinet and counter space, and a window above the sink overlooking the backyard. At the rear, the gorgeous eating area features vaulted ceilings and patio doors leading to the fully fenced backyard, complete with a great-sized deck for BBQing, interlock patio and plenty of green space for kids and pets! A convenient renovated partial bathroom completes the main level. Upstairs, the spacious primary bedroom features a walk-in closet and a cheater door to the full bathroom with a beautiful vanity and tiled tub/shower combo. Two additional generously sized bedrooms provide plenty of space for family, guests or a home office. The finished basement offers a versatile family room, dedicated laundry area and plenty of storage. Amazing location just steps to schools, parks and Portobello Plaza, and only minutes from all the amenities along Innes Road. Simply move in and enjoy! *SOME PICTURES ARE VIRTUALLY STAGED*
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,681/mo
Mortgage (principal + interest)$2,356
Property taxFrom listing: $3,893/yr$324
Minimum $37,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$125,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,073
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$137,853
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Orleans - Cumberland and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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