4 S Greendowns Drive
Scarborough Village, Toronto
$979,000
Recently renovated Open Concept Home. New Windows. New Floors, New bathrooms, New Potlights, New Deck, New concrete on the side, New Powder room, New Deck. This is a huge backsplit house with lots of potential. Lower portion with two bedrooms, separate kitchen, and bath was rented for 2200. Can be converred to five bedroom house. Two more basement apartments possible in unspoiled huge basement! Lower Floor Family Room With Fireplace, Good Sized Bedrooms And Large Living/Dining Area, Oak Staircase, Garage Door With Opener And Huge Backyard.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,362 |
| Lot Size | 30.05 ft x 117.15 ft |
| mls© Number | E12958060 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,011
- Property tax
- $447
- Heat allowance
- $150
- Housing costs
- $5,608 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,120 / mo
- Cash down
- $195,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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