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Highland Creek, Toronto
$2,740,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $10,677 |
| Lot Size | 75 ft x 337 ft |
| mls© Number | E13711924 |
| Listed By | NEW ERA REAL ESTATE |
Listing History
- No recent sale history for this listing.
- 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%
- $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.
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 checkInvestment Analysis
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