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New2 days ago

3807 Ellesmere Road

Highland Creek, Toronto

$1,099,000

Detached|2-Storey
4 | 5 | 6
About this home

Welcome to this spacious "Solell" home in the desirable Highland Creek/Ellesmere Village area, close to the University of Toronto Scarborough. Offering over 3,000 sq. ft. on a generous 55.1 100.7 ft. lot, this home provides ample space for comfortable family living and entertaining.Enjoy an expansive living room, a generously sized dining room, and a spacious kitchen with a breakfast area. The oversized family room features an inviting fireplace, creating a welcoming gathering space. A large main-floor laundry room provides convenient access to the double-car garage, while the driveway accommodates approximately 4-6 vehicles.Updates include new windows on the main and upper floors and in the basement, new hardwood flooring in all four bedrooms, fresh paint, and newly refinished hardwood stairs.Walk to bus routes on Meadowvale Road and Ellesmere Road, with convenient access to Highway 401, GO bus service, the University of Toronto Scarborough, the Toronto Pan Am Sports Centre, and Scarborough Town Centre.Some photos have been virtually staged and digitally enhanced to help buyers envision furnishing and design possibilities. A City of Toronto-approved Legal separate entrance leads to a suite featuring four bedrooms, two full bathrooms, a living room, and a washer and dryer, offering potential for additional rental income.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,591
Lot Size55.1 ft x 100.07 ft
mls© NumberE13815806
Listed ByVERTICAL MARKETING REALTY

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$549
Heat allowance
$150
Housing costs
$6,324 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$195,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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