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Listed 1 month ago

8 Lampman Drive

Morningside, Toronto

$1,199,000

Detached|2-Storey
4 | 4 | 5
About this home

Stunning 4+1 Bedroom Detached Home in a Highly Sought-After Family-Friendly Community!Proudly built by Lakeview Homes, this beautifully maintained residence offers the perfect blend of space, comfort, and convenience. Designed with a bright, open, and functional layout, the home features a spacious family room, an upgraded kitchen with granite countertops, a centre island, central vacuum, and a built-in ceiling sound system, upstairs laundry , ideal for modern family living and effortless entertaining.Enjoy exceptional curb appeal with a durable metal roof, a double-car garage, and full interlock driveway parking for up to six vehicles. Situated with no homes directly in front, this property overlooks a peaceful ravine, providing beautiful open views, added privacy, and a tranquil setting.Upstairs, the expansive primary suite serves as a private retreat, complete with a luxurious 5-piece ensuite. The professionally finished basement adds valuable living space, featuring a large recreation room, a stylish bar, and an additional bedroom-perfect for guests, extended family, or a home office.Step outside to the oversized deck, an ideal space for hosting summer barbecues, entertaining friends, or enjoying quality time with family.Located in an unbeatable location, this home is within walking distance to the University of Toronto Scarborough campus and Centennial College, and just minutes from Centenary Hospital, the GO Station, public transit, shopping, schools, parks, and Highway 401. Offering an outstanding combination of location, lifestyle, and functionality, this is a rare opportunity for families looking to upgrade their living.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,947
Lot Size36.09 ft x 98.43 ft
mls© NumberE13503526
Listed ByCENTURY 21 GREEN REALTY INC.

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,137
Property tax
$412
Heat allowance
$150
Housing costs
$6,699 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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