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New2 days ago

18 Ivan Road

Centennial Scarborough, Toronto

$1,149,997

Detached|Backsplit 4
3 | 3 | 6
About this home

Country Living In The City! Set On A Quiet Street In The Sought-After Pocket Of Centennial Scarborough, This Upgraded Detached Home Sits On A Rare 50 X 220 Ft Private Lot Surrounded By Custom Multi-Million Dollar Homes. Move In Now, With The Option To Expand In The Future. It Offers 3 Bedrooms, 3 Washrooms, And A Versatile Layout With Room To Grow. The Bright Interior Features Hardwood Floors Throughout The Main Floor, Multiple Bay Windows, And A Kitchen With Quartz Countertops And Stainless Steel Appliances. Relax In The Spacious Family Room, Or Enjoy The Finished Rec Room With A Full Bath, Ideal For Entertaining Or Working From Home. A Separate Side Entrance Offers Potential For Additional Rental Income (Buyer To Verify). Step Outside To A Deep, South-Facing Backyard That Gets Sun All Day, With Plenty Of Room For Gardening, Entertaining, Or A Future Addition Or Garden Suite (Buyer To Verify With The City). Covered Gazebo. Complete With A Tandem Garage And Ample Driveway Parking, This Home Is Close To Schools, Parks, Shopping, TTC, The University Of Toronto Scarborough, Rouge National Urban Park, The Port Union Waterfront Trails, And Rouge Hill GO Station.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,819
Lot Size50 ft x 220 ft
mls© NumberE14111818
Listed ByHOMELIFE/FUTURE REALTY INC.

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%
$5,886
Property tax
$402
Heat allowance
$150
Housing costs
$6,438 / mo

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

Down payment20% · $229,999
25-yr amortization

Income needed

$198,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$229,999

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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