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Morningside, Toronto
$949,999
Nestled in the prestigious and highly sought-after Seven Oaks community, this Well maintained gem is a must-see! Offering 3 bedrooms and 2 washrooms on the main floor, as well as 1 bedroom, 1 washroom, a separate kitchen, and a private entrance in the basement, this home provides excellent rental income potential. The interior boasts gleaming hardwood floors throughout and the convenience of double laundry facilities one on the main floor and one in the basement. With a spacious and versatile lot, there's also the opportunity for a garden suite, making this property an incredible investment. Perfectly situated close to top-notch local amenities, including schools, Centennial College, the University of Toronto (Scarborough campus), Centinary Hospital, and quick access to Highway 401. Enjoy the luxurious location combined with everyday conveniences!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,990 |
| Lot Size | 53.37 ft x 132.12 ft |
| mls© Number | E13544564 |
| Listed By | RE/MAX CROSSROADS 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%
- $4,863
- Property tax
- $333
- Heat allowance
- $150
- Housing costs
- $5,345 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$164,000
gross annual household income
- Payment at 4%
- $3,998 / mo
- Cash down
- $190,000
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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