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Listed 1 month ago

99 Eastville Avenue

Cliffcrest, Toronto

$640,000

Detached|Bungalow
1 | 1 | 3
About this home

*** Builders/Contractors/Investors *** - This is your opportunity to invest in a property with loads of potential for your next project. Ideal for teardown & custom build located ** South of Kingston Rd ** nestled in the highly desireable Scarborough Bluffs Community, surrounded by mature trees, parks & upscale residences. Minutes to the Lake & Bluffer's Park Beach & Marina with walking trails, picnic areas & scenic vistas. Close to major transit options with TTC on Kingston Rd & 5 mins drive to Scarborough Go Station for an easy downtown commute. Close to major amenities including shopping and schools. ***PRICED FOR QUICK SALE***

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age51-99
Size< 700 sq. ft.
Property Tax$3,951
Lot Size35 ft x 138 ft
mls© NumberE13483240
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

Listing History

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  • 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%
$3,276
Property tax
$329
Heat allowance
$150
Housing costs
$3,755 / mo

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

Down payment20% · $128,000
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,693 / mo
Cash down
$128,000

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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