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Listed 22 days ago

78 Agincourt Drive

Agincourt South-Malvern West, Toronto

$1,649,900

Detached|Backsplit 5
4 | 5 | 6
About this home

Welcome to this beautiful fully renovated home in prime desirable Agincourt area. Step into this luxury 5 level backsplit that's 3,071 sq ft, 7 bedrooms and 5 full bathrooms in total over 5 levels in an excellent layout. Open concept main floor with engineered hardwood throughout, and lots of potlights. Two brand new kitchens with quartz countertops and stainless steel appliances. Brand new washrooms with quartz countertops and luxury finishes. Enjoy the oversized fireplace in your family room with a walkout to the deck, overlooking your lush backyard. This home is on a premium deep lot with mature trees where you can immerse yourself in the outdoors. Master bedroom has ensuite bathroom and walk in closet. The basement is spacious and bright, with a large living room, 3 bedrooms and 2 full bathrooms and separate entrance - in fact the basement is currently rented for almost $3,000 a month - a chunk of your mortgage payment is taken care of right there! You don't want to miss this property which can be used in many different ways. One the one hand it's the perfect multi-generational home which allows for spacious luxurious living for everyone and allows for privacy and independence for multiple families. Or it can very easily be converted to a 4-plex, which are legal by default almost everywhere across Toronto now. This property was layed-out like that in the past, and requires minimal changes to restore those features and achieve roughly $10k/month rental income. And given the size of the yard, an additional garden suite can easily be added in the future to boost the yield even more!

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,711
Lot Size50 ft x 199 ft
mls© NumberE13559056
Listed ByCENTURY 21 PERCY FULTON LTD.

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%
$8,445
Property tax
$559
Heat allowance
$150
Housing costs
$9,154 / mo

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

Down payment20% · $329,980
25-yr amortization

Income needed

$282,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$329,980

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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