24 Mcdonald Avenue
Oakridge, Toronto
$699,000
Attention Builders, Renovators & Savvy Buyers! Skip The Headache And Expense Of Heavy-Lifting Structural Work - This Classic Scarborough Bungalow Features A Brand-New, Fully Waterproofed Foundation, Professionally Excavated To Deliver Rare, Soaring 8-Foot Ceiling Heights Throughout The Lower Level! The Renovated Lower Level, Featuring A Family Room, Private Bedroom With Den And Ensuite - Making It Ideal For Extended Family Living Or Future Rental Income Potential. Upgraded Electrical Panel And Plumbing In The Basement. The Main Floor Offers A Traditional 2-Bedroom, 1-Bathroom Floor Plan With Dedicated Living, Dining Room And Eat-In Kitchen. Nestles In A Prime, Highly Accessible Neighbourhood, You Are Just Steps From Victoria Park TTC Subway Station For A Quick Commute To Downtown Toronto, Minuets To Scenic Warden Woods Ravine And Nature Trails, And Close To Top-Rated Schools, Parks, And Danforth Shopping. Invest With Complete Structural Peace Of Mind And Unlock Unlimited Upside On A Solid Foundation!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,530 |
| Lot Size | 29 ft x 138.58 ft |
| mls© Number | E14164622 |
| Listed By | ROYAL LEPAGE REALTY CENTRE |
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%
- $3,578
- Property tax
- $294
- Heat allowance
- $150
- Housing costs
- $4,022 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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