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Listed 6 months ago

67 Mcdonald Avenue

Oakridge, Toronto

$799,900

Detached|1 1/2 Storey
4 | 2 | 2
About this home

Discover a 4 bedroom home offering incredible potential in one of Scarborough's most convenient and scenic neighbourhoods. The property features a spacious, functional layout with well-proportioned bedrooms and a main-floor design ready for your vision, along with strong investment appeal thanks to two units with rental potential of approximately $1,700 each. The location is truly exceptional, just minutes from Lake Ontario, waterfront parks, beaches, and scenic trails, as well as shopping, grocery stores, cafes, transit, and reputable schools. This home offers a rare opportunity to create your ideal living space or maximize income potential while enjoying all the convenience, natural beauty, and lifestyle benefits this desirable Scarborough pocket provides.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,567
Lot Size35.01 ft x 138.58 ft
mls© NumberE12856606
Listed ByTONY K REAL ESTATE

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%
$4,094
Property tax
$297
Heat allowance
$150
Housing costs
$4,541 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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