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Malvern, Toronto
$899,900
"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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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,250 |
| Lot Size | 26.38 ft x 100.26 ft |
| mls© Number | E12954592 |
| Listed By | RE/MAX REALTRON 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%
- $4,606
- Property tax
- $354
- Heat allowance
- $150
- Housing costs
- $5,110 / mo
Lenders cap these at 39% of gross income — that sets the number.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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