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New2 days ago

1 Deer Creek Court

Centennial Scarborough, Toronto

$1,190,000

Detached|2-Storey
4 | 3 | 3
About this home

The Village at Highland Creek, a new home development. Welcome to this executive 4 bedroom detached home with full 5 year warranty. 9' ceilings on main floor. Oak staircases and oak flooring in living room. Deluxe designed kitchen with granite countertops and centre island. Too many features to list. Large ground windows in basement. Ready for quick closing! Close to highway 401, University of Toronto and transit. Located in Highland Creek Village with shops and restaurants. See attached list of features.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size1500-2000 sq. ft.
Property Tax$3,476
Lot Size31.9 ft x 80.97 ft
mls© NumberE14031182
Listed BySUTTON GROUP-HERITAGE REALTY INC.

Listing History

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  • 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%
$6,091
Property tax
$290
Heat allowance
$150
Housing costs
$6,531 / mo

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

Down payment20% · $238,000
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$5,008 / mo
Cash down
$238,000

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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