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Listed 12 days ago

2 Cedarview Drive

Centennial Scarborough, Toronto

$1,050,000

Detached|2-Storey
4 | 3 | 8
About this home

Welcome to your own serene retreat in the city. A spacious 4-bedroom, 3-bathroom home that spans 3 levels (2,591 sq ft of living space) and is surrounded by mature trees with a peaceful creek flowing through the backyard. Lots of Natural light in every room/ all 3 levels, and each/every window overlooks the surrounding mature trees. This home is well cared for with multiple living spaces, separate entrances on each level, sitting on a 80 x 125 ft Ravine Wooded lot. 2 car garage with a long driveway for plenty of parking. This custom built home feels like a raised bungalow with a bonus floor for additional living space. The top floor features a kitchen, open concept living/ dining room and 3 bedrooms, go down to the main floor with a large family room that walks out to a deck that overlooks the forest, below that is a walk out basement with a bonus patio space below the deck. City water supply/ sewers + 200 Amp electrical service. Great for a family or investor looking to triplex (separate entrance + bathroom on each floor), or build your own custom home! Located near the GO Station, with TTC access across the street and quick connections to Highway 401 and Highway 2, this property is just steps from the waterfront trail, Port Union Waterfront Park beaches, East Point Beach, Adams Park, Centennial and multiple parks. Nearby amenities include the Toronto Public Library, University of Toronto Scarborough, Toronto Zoo, and shopping at Metro, Canadian Tire, and more.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,362
Lot Size80 ft x 125 ft
mls© NumberE13600830
Listed ByRIGHT AT HOME REALTY

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%
$5,374
Property tax
$447
Heat allowance
$150
Housing costs
$5,971 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$184,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

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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