Listing Image
Listing Image
Listing Image
Listing Image
Listing Image
Listing Image
Listing Image
1 / 7
New4 hours ago

25 Madelaine Avenue

Oakridge, Toronto

$649,000

Detached|Bungalow
2 | 2 | 2
About this home

ATTENTION ALL BUYERS - LOOK NO FURTHER! This home truly checks all the boxes! Whether you're a first-time buyer, looking to upsize or downsize, or an investor, builder, or developer, this is an opportunity you don't want to miss! Welcome to this cute little bungalow in the heart of Scarborough, ideally located within walking distance of the subway, grocery stores, schools, shopping, pharmacies, doctors, and just about everything else you need. Convenience is right at your doorstep! For end users, this is a fantastic opportunity to get into the market, enjoy a comfortable home, and keep your monthly expenses low. But here's where the real opportunity lies! The property comes with permits already in hand for a brand-new home, ready to build! Looking to build your dream home? The seller can even build it for you, with plenty of customization options to make it your own. Whether you're looking for a place to call home, an investment, or your next building project, the possibilities here are endless. At this price, it's absolutely worth a look! Don't miss out!

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Ask our AI assistant

Schools, payments, offer timing, history — ask in plain words. This home is already in the conversation.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,903
Lot Size25 ft x 113 ft
mls© NumberE14153492
Listed ByROYAL LEPAGE WEST REALTY GROUP LTD.

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%
$3,322
Property tax
$242
Heat allowance
$150
Housing costs
$3,714 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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

Nearby listings

Comparable sales

  • No similar listings found.