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Highland Creek, Toronto
$1,450,000
Exceptional Value In A High-Demand Location! This Must-See Property Offers A Rare Combination Of Comfortable Living, Flexible Space And Outstanding Income Potential-Ideal For Multi-Generational Families, Investors, Or Buyers Looking To Generate Additional Rental Income. The Impressive Lower Level Features A Spacious 4-Bedroom, 2-Bathroom Layout With Its Own Private Separate Entrance And Large Family-Sized Kitchen, Offering Exceptional Space, Functionality And Privacy.Ideally Located Just A Short Walk To The University Of Toronto Scarborough, Centennial College, And The Upcoming Scarborough Academy Of Medicine And Integrated Health (SAMIH). Conveniently Close To Highway 401, TTC, Parks, Scenic Trails, Shopping And Everyday Amenities. A Rare Opportunity To Own A Spacious And Versatile Home With Excellent Income-Generating Potential In A Highly Convenient Scarborough Location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,200 |
| Lot Size | 50.06 ft x 123.14 ft |
| mls© Number | E13813802 |
| Listed By | LOYALTY REAL ESTATE |
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%
- $7,422
- Property tax
- $517
- Heat allowance
- $150
- Housing costs
- $8,088 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$249,000
gross annual household income
- Payment at 4%
- $6,102 / mo
- Cash down
- $290,000
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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