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Listed 5 months ago

17 Lenthall Avenue

Malvern, Toronto

$899,900

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

"Investors Welcome! Excellent Tenanted Property with Income Potential": ***Welcome to 17 Lenthall Ave! Bright, spacious, and newly renovated, this exceptional 3+3 bedroom, 5-bathroom semi-detached 2-storey home is nestled in the highly desirable Markham & Sheppard area - ideal for families, first-time buyers, and investors. Featuring a functional open-concept layout, the main floor offers a combined living and dining area with hardwood floors, plus a modern kitchen with quartz countertops, movable island, and stainless steel appliances. The finished basement with separate entrance includes 3 bedrooms and 2 full bathrooms, and is currently rented, offering excellent income potential. Enjoy a single-car garage and private driveway parking for up to 4 vehicles. Conveniently located minutes to Scarborough Town Centre, Costco, Walmart, Home Depot, schools, parks, community centres, with easy access to Hwy 401/407 and the upcoming transit expansion at McCowan & Sheppard. A fantastic opportunity in a prime location!*** Ideal for investors looking for a cash-flowing property or those planning for future personal use. Don't miss this great investment opportunity!***

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2-Storey
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$4,250
Lot Size26.38 ft x 100.26 ft
mls© NumberE12954592
Listed ByRE/MAX REALTRON REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,606
Property tax
$354
Heat allowance
$150
Housing costs
$5,110 / mo

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

Down payment20% · $179,980
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$179,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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