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Highland Creek, Toronto
$1,999,999
Welcome to this exceptional detached two-unit home. 2023 city-permitted basement, fully finished with its own separate entrance. This spacious home offers a livable area of 4,159 sq ft. This 2-unit detached home offers 7 rooms plus 1 media room and 8 washrooms, making it ideal for investors or families. Key features include 200-amp electrical panel and egress windows in all basement rooms and the kitchen. The backyard backs onto a park for privacy and green space. Conveniently located near U of T Scarborough, Centennial College, Toronto Pan Am Sports Centre, highways, Centenary Hospital, and the library. TTC within walking distance. This property offers tremendous income potential, making it a great investment opportunity
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,840 |
| Lot Size | 40.07 ft x 115.74 ft |
| mls© Number | E13037026 |
| Listed By | GALAXY STARS 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%
- $10,237
- Property tax
- $570
- Heat allowance
- $150
- Housing costs
- $10,957 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$337,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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