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Listed 5 months ago

8 Fairglen Crescent

Humberlea-Pelmo Park W4, Toronto

$799,900

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

Excellent opportunity to own this stunning, newly renovated detached home with exceptional cash flow potential, located in one of North York's most desirable neighborhoods. Completely upgraded from top to bottom with quality craftsmanship, featuring elegant vinyl flooring throughout, an open-concept main floor, and a bright new kitchen with modern cabinets, granite countertops, stainless steel appliances, and a new exhaust hood. Pot lights throughout add a contemporary touch. Includes a separate side entrance leading to a fully finished basement with a 4-piece bathroom. The backyard showcases interlocking, fresh grass, and a renovated outdoor room and washroom offering additional income potential. Upgrades include new entrance steps, risers, railing, deck, soffits, ductwork, air system, HVAC, insulation, drywall, downpipes, gutters, and all-new windows. Ideally located within walking distance to TTC, schools, parks, banks, gas stations, car wash, and other amenities. Fully fenced backyard for added privacy.

Extras

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,453
Lot Size25.03 ft x 120.55 ft
mls© NumberW12874652
Listed ByRE/MAX GOLD 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%
$4,094
Property tax
$288
Heat allowance
$150
Housing costs
$4,532 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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