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Listed 7 days ago

62 Iangrove Terrace

L'Amoreaux, Toronto

$1,050,000

Detached|Bungalow-Raised
3 | 4 | 4
About this home

Exceptional Turn-Key Investment or Multi-Generational Living in Prime L'Amoreaux! Situated on a generous 45.5' x 121' lot, this versatile raised bungalow offers incredible potential with a 3+3 bedroom, 3.5 bathroom layout featuring 3 full kitchens and a separate entrance leading to two lower-level suites with bright above-ground windows. Ideal for high-yielding rental income or multi-family living! The main living area seamlessly blends warm south-facing sunlight through oversized windows for an inviting, airy feel, complemented by modern low-maintenance flooring and key updates (2020-2021) including updated windows, a powder room, fridge, washer & dryer. Enjoy convenient direct interior garage access to the main floor, motion-sensor exterior lighting, automatic opener, and extra overhead garage storage. Unbeatable Location: 5-min drive to Hwy 404, 3-min walk to TTC, minutes to Seneca Polytechnic (Newnham), SHN Hospital, Bridlewood Mall, top-ranked public/Catholic/French schools, and serene local parks.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,279
Lot Size45.5 ft x 121 ft
mls© NumberE14091826
Listed ByRIGHT AT HOME REALTY

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%
$5,374
Property tax
$440
Heat allowance
$150
Housing costs
$5,964 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$184,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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