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Listed 15 days ago

5A Scotia Avenue

Oakridge, Toronto

$949,000

Detached|2-Storey
3 | 3 | 7
About this home

This is your opportunity to own a one of a kind immaculately finished three-bedroom home all throughout, with many of the upgrades being far above code requirements. As well as a completely self-sufficient occupied finished basement apartment, generating positive income. A total of 2255 sqft of living space. Vibrant double brick construction that has great engineering properties and gives a stately appearance. Colourful acacia hardwood flooring throughout, with porcelain flooring at the kitchen and bathrooms. Generous size family, and dining rooms, located on the main floor arranged with French doors. Brand new freshly designed kitchen with quartz countertop, and plentiful cabinet space. A large main floor entry closet, that offers plenty of storage. Conveniently located main floor laundry with sink and cabinetry. Three generous size bedrooms fitting queen sized beds, with thoughtful Ikea closet organizers. Two gorgeous custom bathrooms with stand-up showers, that needs to be seen to appreciate. Large backyard with a deck that's great for entertaining. Gorgeous landscaping front and back with mature trees, giving great curb appeal, and pride of ownership. Two large sheds, with one being built on a concrete pad, and 2x4 construction. High-quality materials and installation throughout the home. Private drive with pp to 7 car parking, with 2cars tandem. Close to schools, transit, and the beach.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,178
Lot Size30 ft x 118 ft
mls© NumberE13586464
Listed ByPG DIRECT 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%
$4,857
Property tax
$348
Heat allowance
$150
Housing costs
$5,356 / mo

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

Down payment20% · $189,800
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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