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Listed 20 days ago

688A Midland Avenue

Kennedy Park, Toronto

$1,598,000

Detached|2-Storey
4 | 4 | 3
About this home

Welcome to Custom house, Double door entry spacious 4 Bedroom house that is comfortable for living. The property is in the Heart of Scarborough and features porcelain tiles and Eng. hardwood floors, large windows, skylight, quartz kitchen counters, backsplash, a huge island and a lot of sunlight. Property is few steps away from TTC, 5 min. walk to GO Station, close to all amenities, school, shopping, Kennedy Subway, LRT Extension Eglington East Route & Scarborough Subway are underway. Finished basement with separate entrance also included.

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,776
Lot Size29.99 ft x 92.68 ft
mls© NumberE13565976
Listed ByHOMELIFE/MIRACLE REALTY 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%
$8,179
Property tax
$481
Heat allowance
$150
Housing costs
$8,811 / mo

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

Down payment20% · $319,600
25-yr amortization

Income needed

$271,000

gross annual household income

Payment at 4%
$6,725 / mo
Cash down
$319,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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