53 Gaiety Drive
Woburn, Toronto
$1,099,000
MUST SEE! Stunning 50-foot lot wonderful bungalow featuring 3 spacious bedrooms in main floor and 4 bathrooms. This property has been completely renovated with modern bathrooms, new windows, a contemporary kitchen, new flooring, a new roof, a furnace, and a gas water tank. Parking for 3 vehicles is included. Prime Location: Nestled in a quiet residential neighborhood near Lawrence and McCowan, just steps from Scarborough General Hospital. The upcoming Lawrence and McCowan subway station is only a 5-minute walk away, offering a convenient 30-minute commute to downtown Toronto. Scarborough Town Center is within a 5-minute drive. Income Potential. The property features two separate entrances and a 2 fully self-contained basement apartments, with potential dual-family rental arrangements at $3,500 per month. Don't miss this
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,166 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | E13541378 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,625
- Property tax
- $347
- Heat allowance
- $150
- Housing costs
- $6,122 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$188,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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