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Price Change$799,000

42 Nahanni Terrace

Malvern, Toronto

$690,000

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

Well-maintained 2-storey semi-detached home on a premium corner lot featuring with 4 spacious bedrooms, 1 full washroom, 1 powder room, bright living and dining areas. Finished basement with separate side entrance offers additional bedrooms, kitchen, 1 full washroom, and the potential to create an in-law suite or rental income. Huge private backyard for kids' room to play and entertainment. Potential to build separate garden-suit for additional rental. Carport with 3 parking's on the driveway with a potential of 4th parking as well. Quite neighborhood surrounded by elementary, middle and high schools, big playground. TTC bus stoppage at the backyard. Located near Sheppard & Neilson Rd in Malvern, 5 mins to highway 401, Malvern Mall, stores, community centres, library, worship place, Centennial College and more. Live comfortably upstairs while the basement could provide an opportunity for additional income, extended family living or private space for the guests. Basement is tenanted and tenants will move out on or before closing date. A fantastic chance to create your dream home while building substantial equity!

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,146
Lot Size37.44 ft x 124.1 ft
mls© NumberE13442084
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$3,532
Property tax
$262
Heat allowance
$150
Housing costs
$3,944 / mo

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

Down payment20% · $138,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,904 / mo
Cash down
$138,000

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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