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New4 hours ago

61 Chelwood Road

Ionview, Toronto

$699,900

Semi-Detached |2-Storey
3 | 2 | 4
About this home

Welcome to 61 Chelwood Road! This beautifully maintained 3-bedroom, 2-bathroom semi-detached home in Scarborough offers a functional layout, numerous updates and a desirable backyard backing onto greenfield space with no immediate rear neighbours. A large covered front porch with soffit lighting welcomes you into a bright main floor featuring a picturesque front window that fills the living room with natural light, laminate flooring in the living room, hardwood flooring throughout the dining area and kitchen, crown moulding in the dining room, smooth ceilings throughout the main and second floors, and window coverings throughout. The well-appointed kitchen offers ample cabinetry and updated appliances. Hardwood stairs lead to the upper level featuring 3 bedrooms with laminate flooring, ceiling fans and a 4-piece bathroom. The finished basement offers a spacious recreation room with parquet flooring, a 3-piece bathroom, separate entrance and convenient laundry and storage areas, ideal for extended family or entertaining. Enjoy a beautifully landscaped, fully fenced backyard with a large deck, propane BBQ and all patio furniture included, along with direct access to greenfield space. Complete with automatic exterior sensor lighting, a detached garage featuring an automatic garage door opener and private driveway offering parking for 4 vehicles. Notable updates include windows (2019), roof (2019), soffits, eavestroughs and downspouts (2020), updated interior doors, baseboards, casings, electrical outlets and switches, and a 100-amp electrical panel. Freshly painted and well maintained throughout, this home offers comfort, functionality and excellent outdoor space in an established Scarborough neighbourhood!

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nest zoom realty
(416) 276-9973
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,069
Lot Size30 ft x 100 ft
mls© NumberE14112634
Listed ByRE/MAX WEST REALTY INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$3,582
Property tax
$256
Heat allowance
$150
Housing costs
$3,988 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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