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Listed 4 months ago

38 Bobmar Road

Highland Creek, Toronto

$999,998

Detached|Bungalow
1 | 1 | 4
About this home

Rare opportunity on a premium 50 x 217 ft lot in the highly desirable Highland Creek community. This detached bungalow offers a park-like setting with exceptional depth, surrounded by newly built custom estate homes-ideal for investors, builders, or end-users looking to renovate or build new.The home features 1+1 bedrooms, 1 bathroom, a functional main floor layout with living, dining, and kitchen areas, plus a partially finished basement. Private driveway with a detached garage and parking for multiple vehicles.Located in a prime family-friendly neighbourhood, just minutes to schools, parks, shopping, and major transit routes including Highway 401 and the University of Toronto Scarborough campus.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,087
Lot Size50 ft x 217.83 ft
mls© NumberE12961378
Listed ByKELLER WILLIAMS EMPOWERED REALTY

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%
$5,118
Property tax
$341
Heat allowance
$150
Housing costs
$5,609 / mo

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

Down payment20% · $200,000
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

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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