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New2 hours ago

24 Mcdonald Avenue

Oakridge, Toronto

$699,000

Detached|Bungalow
2 | 2 | 2
About this home

Attention Builders, Renovators & Savvy Buyers! Skip The Headache And Expense Of Heavy-Lifting Structural Work - This Classic Scarborough Bungalow Features A Brand-New, Fully Waterproofed Foundation, Professionally Excavated To Deliver Rare, Soaring 8-Foot Ceiling Heights Throughout The Lower Level! The Renovated Lower Level, Featuring A Family Room, Private Bedroom With Den And Ensuite - Making It Ideal For Extended Family Living Or Future Rental Income Potential. Upgraded Electrical Panel And Plumbing In The Basement. The Main Floor Offers A Traditional 2-Bedroom, 1-Bathroom Floor Plan With Dedicated Living, Dining Room And Eat-In Kitchen. Nestles In A Prime, Highly Accessible Neighbourhood, You Are Just Steps From Victoria Park TTC Subway Station For A Quick Commute To Downtown Toronto, Minuets To Scenic Warden Woods Ravine And Nature Trails, And Close To Top-Rated Schools, Parks, And Danforth Shopping. Invest With Complete Structural Peace Of Mind And Unlock Unlimited Upside On A Solid Foundation!

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,530
Lot Size29 ft x 138.58 ft
mls© NumberE14164622
Listed ByROYAL LEPAGE REALTY CENTRE

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%
$3,578
Property tax
$294
Heat allowance
$150
Housing costs
$4,022 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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