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Listed 19 days ago

978 Midland Avenue

Eglinton East, Toronto

$1,199,888

Detached|Bungalow
3 | 4 | 3
About this home

Welcome to this beautifully renovated duplex bungalow with 4 Bathrooms in the heart of Scarborough's sought-after Eglinton East community-an exceptional opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income. It has also been upgraded with new flooring, landscaping, and painting, adding fresh appeal throughout. Featuring a spacious 3-bedroom main-floor suite and a fully renovated 3-bedroom lower-level suite, this versatile home offers modern finishes, functional layouts, and comfortable living on both levels. Whether you're looking for a turnkey investment or a home with incredible income potential, this property delivers flexibility to suit a variety of lifestyles. Ideally situated in one of Scarborough's most convenient locations, you'll enjoy quick access to Highway 401, making commuting across the GTA effortless. The property is also just minutes from the GO Station, Scarborough Town Centre, Subway & LRT, schools, parks, shopping, restaurants, and a wide range of everyday amenities. Combining modern renovations, income potential, and an unbeatable location, this is a rare opportunity to own a move-in-ready duplex bungalow in one of Scarborough's most connected neighbourhoods.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,856
Lot Size45 ft x 117 ft
mls© NumberE13571768
Listed ByRE/MAX HALLMARK 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%
$6,142
Property tax
$405
Heat allowance
$150
Housing costs
$6,696 / mo

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

Down payment20% · $239,978
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$5,049 / mo
Cash down
$239,978

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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