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Price Change$879,900

1015 Pinecrest Road

6203 - Queensway Terrace North, Britannia Heights - Queensway Terrace N and Area

$849,900

Detached|2-Storey
3 | 3 | 5
About this home

A golden opportunity to own this wonderful home situated approximately 300 meters from the Pinecrest bus and future LRT station, close to highway 417 without its noise, and that's within walking distance to restaurants, IKEA, Bayshore mall, and a lot more. Important: lower level is a large 1-bed with its own kitchen and full bath and SEPARATE ENTRANCE. The main floor includes kitchen, dining room, and the living room with a wood fireplace and walk to a brand new deck and newly landscaped backyard (2026). The second level offers three bedrooms and full bathroom while the updated lower level (2015) has access to the garage and is a great spot for an office or playroom or of course an independant living. The family room in the basement was renovated in 2015 and comes equipped with a 3-piece bathroom. Other updates include the refinished hardwood floors and fresh paint throughout. The large shed in the backyard can be used for additional storage or a potential conversion to a coach house (buyers to confirm with the city regarding zoning/permitted uses)., Flooring: Ceramic & Hardwood. This income generating property is rented for $2,500 upper level (has given notice and will move out soon) and $1,700 for the lower level. Tenants upstairs have given notice and will leave soon. Tenant downstairs is month-to-month. The backyard is in final stages of its reno and will look amazing; pics will be added soon.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,467
Lot Size59 ft x 100 ft
mls© NumberX13530704
Listed ByROYAL LEPAGE TEAM REALTY

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,350
Property tax
$372
Heat allowance
$150
Housing costs
$4,872 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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