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New3 days ago

59 Cedar Drive

Scarborough Village, Toronto

$799,000

Detached|Sidesplit 3
3 | 2 | 4
About this home

Pride of Ownership! Spacious 3+1 Bedrooms Detached In Desirable Scarborough Village Situated on a Highly Desirable 52 x 144-Ft Lot! 1,246 Sq. Ft. -- **Bright & Spacious Living & Dining Room* Large Renovated Kitchen** -- Updated Bath w Jacuzzi Tub. 3 Spacious Bedrooms W Hardwood Floors, Ample Closet Space. Conveniently Located Near Schools, Parks, Shopping, Transit & Amenities.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleSidesplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,959
Lot Size52 ft x 144.44 ft
mls© NumberE13869594
Listed ByCENTURY 21 PARKLAND LTD.

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%
$4,090
Property tax
$330
Heat allowance
$150
Housing costs
$4,570 / 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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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