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New7 days ago

49 Tunmead Square

Malvern, Toronto

$799,900

Detached|2-Storey
3 | 2 | 5
About this home

Excellent Location! ***Detached Bungalow in the High-Demand Markham Rd & Finch Area ***Absolutely well-maintained and updated 3+2 Bedrooms and 2 full Bathrooms and 2 Kitchens + Finished Basement with Separate Entrance.***5 Parking*** This home sits on a rare 50-foot frontage*** in a peaceful & family-friendly neighbourhood***. 2 Bedrooms, a den, a bathroom, and Kitchen in the BSMT.*** This property is ideal for first-time buyers, growing families, or investors seeking income potential.*** Enjoy your own private backyard oasis complete with a heated in-ground pool and two gazebos, perfect for entertaining or relaxing.***** Major updates include Furnace & A/C (2021) and Roof (2018).***Conveniently located within walking distance to Schools, 24Hrs TTC, Parks, Shopping, and just minutes to Highway 401, Centennial College, places of worship, and More...**** An exceptional opportunity for first-time buyers, families, and investors alike. Don't miss this property...Must SEE!!!

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,657
Lot Size50 ft x 110 ft
mls© NumberE13883108
Listed ByRE/MAX REALTRON 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%
$4,094
Property tax
$305
Heat allowance
$150
Housing costs
$4,549 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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