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Listed 2 months ago

62 Flamborough Drive

Brookhaven-Amesbury, Toronto

$1,649,999

Detached|Bungalow
3 | 5 | 4
About this home

Welcome to 62 Flamborough Drive, located in the highly sought-after Amesbury community of Toronto. This beautifully renovated home offers the perfect blend of modern luxury, quality craftsmanship, and outstanding income potential. Step inside and be impressed by the soaring vaulted ceilings and thoughtfully designed open-concept living spaces. The heart of the home is a stunning chef-inspired kitchen featuring premium KitchenAid stainless steel appliances, elegant quartz countertops and matching backsplash, custom cabinetry, and exceptional attention to detail throughout. Quality finishes can be found in every room, including wide-plank 8-inch engineered hardwood flooring, custom trim work, Pot lights, Custom light fixtures and a stylish tiled foyer that creates a warm and inviting first impression. This spacious three-bedroom home is complemented by five beautifully appointed bathrooms, providing comfort and convenience for family and guests alike. The lower level offers incredible versatility with a completely separate, self-contained basement featuring two rental units, with roughed-in kitchens and laundry, creating an excellent opportunity for additional income or multi-generational living. Major updates provide peace of mind for years to come, including a brand-new furnace, air conditioner, roof, and electrical system with upgraded 200-amp service. Situated in a family-friendly neighborhood close to parks, schools, transit, shopping, and major highways, this turnkey property is a rare opportunity to own a fully renovated home with exceptional income-generating potential in one of Toronto's established communities. A true move-in-ready gem that must be seen to be appreciated.

Extras

No extras listed.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,125
Lot Size51 ft x 120 ft
mls© NumberW13258126
Listed ByRE/MAX PREMIER INC.

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%
$8,340
Property tax
$427
Heat allowance
$150
Housing costs
$8,917 / mo

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

Down payment21% · $346,500
25-yr amortization

Income needed

$274,000

gross annual household income

Payment at 4%
$6,857 / mo
Cash down
$346,500

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

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