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Listed 14 days ago

59 Bobmar Road

Highland Creek, Toronto

$1,350,000

Detached|Backsplit 4
4 | 3 | 6
About this home

Stunning Detached Home- A Perfect Blend of Luxury and Comfort! Welcome to 59 Bobmar, a beautifully upgraded detached home nestled on a premium 50 ft x 180 ft cottage-style lot. This exceptional property is designed for both entertaining and everyday living, featuring a modern open-concept layout that is sure to impress. Step into a gourmet kitchen that any professional chef would envy, equipped with top-of-the-line appliances including a 48" Ventahood, a 48"Miele Range with an oven/microwave combo, a built-in Miele dishwasher, and a built-in Miele fridge. The kitchen boasts a stylish pot filler and an elegant quartz counter-top and backsplash, making it both functional and visually appealing. The spacious dining area, enhanced by a skylight, invites ample natural light, creating the perfect atmosphere for gatherings. The living room seamlessly connects to a large outdoor deck, ideal for hosting parties or enjoying a serene afternoon in the expansive backyard-perfect for entertaining guests or simply relaxing in privacy. The property features three modern, renovated bathrooms and four beautifully upgraded bedrooms, ensuring comfort and style throughout. This home is not only ideal for end-users ready to move in, but also presents an incredible opportunity for investors and builders. The generous lot size opens the door for potential redevelopment into a magnificent mansion or semi-detached units. Additionally, buyers may explore the possibility of constructing a laneway house for extra income. The home comes with some smart home features such as an Ecobee thermostat, smart door lock, and voice-controlled power blinds enhance convenience and modern living. Recent mechanical updates, including a new roof (2020), A/C (2023), and a water heater (2021). Walkable distance to the University of Toronto Scarborough, TTC, Highland Creek Village, Colonel Danforth Park, and with quick access to highways 401 and 407 Don't miss the chance to make this exquisite home yours!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,271
Lot Size50 ft x 180 ft
mls© NumberE13685690
Listed ByHOMELIFE NEW WORLD REALTY INC.

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What the bank counts

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

Mortgage, tested at 6%
$6,910
Property tax
$439
Heat allowance
$150
Housing costs
$7,499 / mo

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

Down payment20% · $270,000
25-yr amortization

Income needed

$231,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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