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7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area
$675,000
Centrally located in the popular Crestview/Meadowlands neighbourhood, this well-maintained 3-bedroom, 2-bathroom bungalow sits on a generous 75 ft x 100 ft lot on a quiet, tree-lined street. Ideal for downsizers, first-time homebuyers, or investors looking to create an income property. The main level features original oak hardwood floors, a formal living room with a gas fireplace, and a bright kitchen with stainless steel appliances and an eating area overlooking the backyard. This level also includes three bedrooms and a full bathroom, with a walk-in closet in the primary bedroom. The finished basement offers a family room, recreation/games room, home office (which could be converted to a fourth bedroom), two-piece bathroom, laundry room and storage. A convenient side entrance provides excellent potential for a future secondary dwelling unit. Entertain family and friends in summer in the spacious fenced backyard featuring multi-tiered deck overlooking perennial and vegetable gardens with interlocking front and side walkways and shed. Detached single car garage. Conveniently located close to Crestview Outdoor Pool, Algonquin College, public transit, parks, and the shops and amenities on Merivale Road. Furnace 2015. HWT (rented) 2025. Roof 2012. Windows 2012. Eavestroughs/Soffit/Fascia 2012. Some photos have been virtually staged.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,088 |
| Lot Size | 75 ft x 101.5 ft |
| mls© Number | X13671816 |
| Listed By | ROYAL LEPAGE TEAM REALTY |
Listing History
- No recent sale history for this listing.
- 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%
- $3,455
- Property tax
- $424
- Heat allowance
- $150
- Housing costs
- $4,029 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,841 / mo
- Cash down
- $135,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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