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New3 days ago

8 King Louis Crescent

L'Amoreaux, Toronto

$799,000

Detached|Bungalow
3 | 3 | 6
About this home

Endless Potential in One of Scarborough's Most Sought-After Neighbourhoods!Welcome to 8 King Louis Crescent, a spacious bungalow offering 3 bedrooms and 2.5 bathrooms, situated on an impressive 50 x 150 ft lot!One of the home's most unique features is its authentic Japanese tatami room, specially crafted by skilled contractors brought in from Japan by the owner.This rare and beautiful space offers a special touch of Japanese culture and craftsmanship, making it a truly precious feature of the home.The property offers tremendous potential to renovate, customize, and create your dream home. An attached two-car garage and a long driveway accommodating up to 4 additional vehicles provide ample parking.An excellent opportunity for renovators, investors, builders, or buyers looking to add value and bring their vision to life. Conveniently located near parks, schools, shopping, public transit, and major highways.A rare opportunity to own a property with a generous lot, unique character, and endless possibilities!Property is being sold in "As-Is, Where-Is" condition. Don't miss this opportunity to unlock its full potential!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,882
Lot Size50.06 ft x 149.97 ft
mls© NumberE14116506
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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Schools

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What the bank counts

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

Mortgage, tested at 6%
$4,090
Property tax
$490
Heat allowance
$150
Housing costs
$4,730 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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