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New3 days ago

85 Pegasus Trail

Woburn, Toronto

$1,299,000

Detached|Bungalow
4 | 3 | 6
About this home

RAVINE-BACKED, METICULOUSLY RENOVATED BUNGALOW IN PRESTIGIOUS SEVEN OAKS!A rare ravine-side bungalow offering refined modern living, exceptional privacy, and a fully self-contained in-law suite. Featuring 4 bedrooms on the main floor, premium finishes, and seamless indoor-outdoor flow, this home is ideal for families, multi-generational living, professionals, and investors.The main level showcases Superior white oak hardwood, designer paint, pot lights, new trim, and a custom glass-rail staircase. The renovated kitchen offers granite counters, stylish backsplash, double sink, and new LG stainless steel appliances, with walkouts to two private decks.Spa-inspired bathrooms include premium tiles, Sintered Stone vanity, custom Riobel showers, and smart/Kohler toilets. A double-car garage provides secure parking and abundant storage.The newly finished lower-level suite features two bedrooms, a full Samsung-equipped kitchen, its own bathroom, dedicated laundry, and generous crawl-space storage. Its income-producing potential offers a rare opportunity to meaningfully reduce mortgage expenses while maintaining complete privacy.The expansive fenced backyard backs directly onto a peaceful ravine, offering quietness, privacy, and multiple outdoor living zones-true resort-style outdoor living within the city.Prime location: Steps to parks, trails, top schools, UTSC, Centennial College, Centenary Hospital, grocery, shops, Scarborough Town Centre, TTC, Scarborough Centre Subway, Kennedy Station, and quick access to Highway 401.Updates: Roof (2024), furnace & hot water tank (5 yrs), new A/C, smart thermostat.Inclusions: All brand-new LG appliances (main), stainless steel appliances (basement), hot water tank (owned).

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,346
Lot Size60 ft x 140.27 ft
mls© NumberE14140710
Listed ByiCloud Realty Ltd.

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%
$6,649
Property tax
$446
Heat allowance
$150
Housing costs
$7,244 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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