The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Diamond in the rough with tremendous upside, rare opportunity to unlock incredible value in one of the most sought after quiet communities to live in Scarborough, Priced to reward the visionary buyer and turn potential into profits!! This 4 bedroom semi-detached home needs some TLC, but for the savvy buyer, that's exactly where the opportunity lies,. Bring your vision, renovate to your taste, and unlock the true potential of this property. A fantastic chance to create your dream home while building substantial equity! Finished basement offers an additional bedroom, office, separate side entrance, and the potential to create an in-law suite or rental space. Live comfortably upstairs while the basement could provide an opportunity for additional income, extended family living or private space for the guests. Huge private backyard for outdoor recreation and entertainment. 3 parking's on the driveway with a potential of 4th parking as well. Conveniently located near Sheppard & Neilson Rd in Malvern, this home is close to highway 401, TTC, Schools, Parks, shops, UOT, Malvern Mall, Centennial College and more....
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Age Groups
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,235/mo
Mortgage (principal + interest)$2,992
Property taxFrom listing: $2,908/yr$242
Minimum $54,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$159,980
Ontario land transfer taxProvincial brackets, no first-time refund$12,473
Toronto land transfer taxMunicipal brackets, no first-time refund$12,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$187,726
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
