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New7 days ago

17 Bobmar Road

Highland Creek, Toronto

$2,740,000

Detached|2-Storey
7 | 5 | 10
About this home

This extraordinary 32,025 sq ft property (almost acre), offered for the first time since 1981, presents a rare opportunity in prestigious Highland Creek. Enjoy country-like serenity near hiking trails and beaches, with U of T Scarborough, GO Train and Hwy 401 minutes away. This unique estate features 2 homes fronting on separate streets with approx. 5,328 sq ft of finished living space, connected by a beautifully landscaped, fully fenced yard surrounded by evergreens for exceptional privacy.The Bobmar residence is a fire-code-compliant duplex. The upper 1,622 sq ft unit offers 3 bedrooms and 2 baths, ideal for multi-generational living or rental income. The lower 782 sq ft 2-bedroom walk-out unit offers excellent rental potential near U of T Scarborough.Resort-style grounds feature an in-ground pool, illuminated tennis/basketball court that converts to a winter ice rink, 2 hockey nets, in-ground trampoline, sandbox/golf practice bunker, 2 BC Red Cedar cabanas and underground sprinklers.The Glenthorne residence features heated kitchen floors, spa-inspired primary ensuite, fireplaces on the main and upper levels, bright finished basement with full bath and guest area, cedar sunroom, covered porch and 6 skylights. Additional features include a 7,500-watt backup generator, wired/wireless security system and reverse-osmosis water system. The 4th bedroom is currently an office and can easily be converted back. City-approved architectural drawings for a substantial rear addition are available.A truly unique family estate with endless possibilities. Qualified buyers may take advantage of a 2% vendor take-back mortgage for 2 years. Experience this remarkable property in person to appreciate all it has to offer.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$10,677
Lot Size75 ft x 337 ft
mls© NumberE13711754
Listed ByNEW ERA REAL ESTATE

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$14,025
Property tax
$890
Heat allowance
$150
Housing costs
$15,064 / mo

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

Down payment20% · $548,000
25-yr amortization

Income needed

$464,000

gross annual household income

Payment at 4%
$11,530 / mo
Cash down
$548,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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