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New7 days ago

87 Euclid Avenue

Highland Creek, Toronto

$1,025,000

Detached|Bungalow
3 | 2 | 5
About this home

This exceptional property in the highly desirable Highland Creek enclave offers a rare opportunity on a large 49.38 x 206 ft lot ideal for a family or investor to build their dream home, renovate the existing residence, or create a basement suite with its own separate entrance. Enjoy warm summer days by the sparkling inground pool, all set among prestigious multi-million dollar homes. In addition, the City of Torontos Committee of Adjustment has approved the severance of the lot to create two residential parcels, each eligible for a detached homepending final conditions. With easy access to Hwy 401, public transit, and top institutions like U of T Scarborough and Centennial College, this prime property blends luxury, location, and future development potential. Dont miss your chance to own this standout opportunity.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,607
Lot Size49.38 ft x 206 ft
mls© NumberE13710228
Listed ByREAL ESTATE ADVISORS INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,246
Property tax
$384
Heat allowance
$150
Housing costs
$5,780 / mo

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

Down payment20% · $205,000
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$4,313 / mo
Cash down
$205,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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