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Listed 1 month ago

74 Mourning Dove Crescent

Malvern, Toronto

$849,000

Semi-Detached |2-Storey
7 | 5 | 3
About this home

Location matters! Semi-detached two storey 7+2 Bedroom 5 Bathroom Home in a fantastic Malvern location. Finished walkout Basement with separate entrance (currently collecting $1,500 per month). Main floor family room was converted to bed room can be easily converted back to family room. Garage is converted to another separate unit can be converted back to garage (currently collecting $1,190 per month plus $2,400 from main floor). Total rent collecting $5,090 plus Owner living in the 2nd floor. Close To All Amenities. Hwy 401, Ttc, Bus Stop, Shopping Mall, Supermarket, Enjoy Well-Know Park nearby, U Of T In Scarborough, Centennial College, Hospital, Pan Am Are Nearby. Seller or agent do not warrant retrofit status of the rental apartment. If the New Owner requires, The Current Owner can Convert the house back to single family unit on or before Closing. Don't Miss This Incredible Opportunity To Own A Move-In Ready Home In A Convenient Location! Seller will welcome pre-emptive offer if any. Some of the pictures are old*** Serious Buyers Only***

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,143
Lot Size17.09 ft x 121.03 ft
mls© NumberE13652292
Listed ByRE/MAX ACE 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%
$4,346
Property tax
$345
Heat allowance
$150
Housing costs
$4,841 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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