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Listed 19 days ago

20 Martindale Road

Cliffcrest, Toronto

$1,199,000

Detached|Bungalow
3 | 3 | 5
About this home

Discover the potential of this exceptional property in the highly sought-after Cliffcrest neighbourhood. Situated on an expansive 60.43 x 124.50 ft lot, this home offers endless possibilities for homeowners, investors, and builders alike. Thoughtfully updated throughout with extensive high-quality renovations, it is move-in ready while also presenting an outstanding opportunity to design and build a custom residence in an area surrounded by prestigious luxury homes. The finished basement apartment provides excellent income potential or additional living space, making it an attractive option for first-time buyers and investors. Ideally located close to the GO Station, TTC, Highway 401, schools, shopping, parks, and a full range of everyday amenities, this is a rare chance to secure a prime property in one of Scarborough's most desirable communities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,749
Lot Size60.43 ft x 124.5 ft
mls© NumberE13579708
Listed ByRE/MAX ACE REALTY 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%
$6,137
Property tax
$396
Heat allowance
$150
Housing costs
$6,683 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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