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New2 hours ago

5A Scotia Avenue

Oakridge, Toronto

$899,000

Detached|2-Storey
3 | 3 | 4
About this home

Welcome to this beautifully updated detached brick home, ideally situated in the desirable Oakridge neighbourhood. Thoughtfully updated with a stylish, modern aesthetic, this inviting home offers a comfortable, functional layout designed for everyday living. Hardwood flooring runs throughout, creating a warm, cohesive atmosphere. The stunning newer kitchen stands out, showcasing sleek stainless steel appliances, porcelain flooring, quartz counters and contemporary finishes. A walkout to the spacious sun deck extends the living space and offers an ideal spot for outdoor dining, morning coffee, or fresh air. The main floor also includes a convenient rare 3pc washroom and laundry, adding practicality and ease to the home's well-planned layout. Upstairs, you will find 3 well-appointed bedrooms offering comfortable private spaces for family members or guests. A newer 4 piece washroom, complete with modern fixtures and finishes, serves the upper level. The finished basement features a separate, self-contained in-law suite complete with private laundry facilities, offering excellent flexibility for extended family or potential rental income. The current tenant pays $1,300 per month and is willing to stay or leave. Enjoy exceptional everyday convenience with ample private parking. Families will appreciate nearby schools, local parks, and the community centre, while commuters will benefit from convenient connections to GO Transit and TTC service. A variety of shopping destinations, services, dining options, and everyday essentials are also nearby, making this an ideal place to enjoy a comfortable, well-connected lifestyle.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,178
Lot Size30 ft x 118 ft
mls© NumberE13861056
Listed ByRE/MAX HALLMARK REALTY LTD.

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%
$4,601
Property tax
$348
Heat allowance
$150
Housing costs
$5,100 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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