Listed 26 days ago
5 Purvis Crescent
Malvern, Toronto
$799,000
Semi-Detached |2-Storey
3 | 3 | 2
About this home
Beautiful updated 2 story ,3 bed home in heart of Malvern area ,perfect for first time buyers Just minute to TTC ,Hwy 401,Scarborough town center, Finished one bed , 1 washroom basement ,Basement entry from garage. ( This house is unfurnished.)
Extras
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,940 |
| Lot Size | 30 ft x 110 ft |
| mls© Number | E13680252 |
| Listed By | MEGACITY REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,090
- Property tax
- $328
- Heat allowance
- $150
- Housing costs
- $4,568 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $159,800
25-yr amortization
Income needed
$141,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
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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