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New5 days ago

67 Verne Crescent

Malvern, Toronto

$939,000

Detached|2-Storey
3 | 4 | 5
About this home

Renovated & Very Well Maintained And Beautiful Detached House In Demanding Location. (Sheppard & Markham) This Is The One You Have Been Waiting For. Perfect Starter Or Investor Home. Very Bright, Spacious. 3+2 Bedrooms With 4 Washrooms & Open Concept. Master Bedroom Has New Ensuite Washroom. (2024) With Sky Light. Rough In For 2nd Laundry Room. All Other 3 Washroom Renovated. (2024) New Front Door (2024) 2nd Floor Flooring Renovated In Year 2024. Upgraded Kitchen. Oak Kitchen Cupboard & Granite Counter Top. New S/S Fridge, Stove, Exhaust Fan. Hardwood On Main floor And Staircase With Sky Light Above. Pot Lights. New Tiles On The Foyer. Income Potential Basement Has Separate Entrance. 2 Bedrooms, 1 Washroom, Kitchen( New Counter Top) Separate Laundry And Pot Lights. Fridge And Stove. Security Camera. 4 Car Parking On The Drive Way. No Side Walk. Own Hot Water Tank. Steps To School, Ttc, Grocery & Plaza. Minute To High Way 401 & Closer Centennial Collage.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,068
Lot Size21.81 ft x 96.92 ft
mls© NumberE13626216
Listed ByHOMELIFE/FUTURE REALTY INC.

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%
$4,806
Property tax
$339
Heat allowance
$150
Housing costs
$5,295 / mo

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

Down payment20% · $187,800
25-yr amortization

Income needed

$163,000

gross annual household income

Payment at 4%
$3,951 / mo
Cash down
$187,800

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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