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Malvern, Toronto
$699,000
Welcome to 16 Proud Grove! Situated on one of the largest pie shaped lots in this desirable Scarborough neighbourhood, this well maintained detached home offers exceptional space and endless potential. Featuring a functional layout with a separate entrance, two kitchens, two full bathrooms, and a one bedroom basement, it is well suited for extended families or an in law living arrangement. A detached garage and newer, long private driveway provide ample parking for multiple vehicles. The home is in original condition and presents an excellent opportunity for buyers to renovate and personalize to their own taste. The expansive backyard offers outstanding outdoor space with endless possibilities. Ideally located close to schools, parks, shopping, public transit, hospitals, and major highways. Estate sale. Property is being sold in "as is, where is" condition. The Sellers makes no representations or warranties regarding the property's condition.
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| Type | Detached |
| Style | Backsplit 3 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,320 |
| Lot Size | 34.08 ft x 160.2 ft |
| mls© Number | E13551606 |
| Listed By | CENTURY 21 TITANS 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%
- $3,578
- Property tax
- $360
- Heat allowance
- $150
- Housing costs
- $4,088 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$126,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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