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Price Change$799,990

18 Gemshaw Crescent

Malvern, Toronto

$699,990

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

Power of Sale, Renovators, and buyers looking for an opportunity to completely renovate to your standards.. A desirable Scarborough neighborhood. This detached home situated on a quiet court offering exceptional potential for those ready to renovate and customize. Spacious layout with generous principal rooms, large windows, and walkout to a private backyard. Solid opportunity to create your dream home or add to your investment portfolio. Conveniently located close to schools, parks, shopping, TTC, Highway 401, Scarborough Town Centre, Centennial College, and all essential amenities. Rare chance to purchase a detached home in Toronto with tremendous upside potential. Property sold as is, where is. No representations or warranties by Seller. Great opportunity in a high-demand location

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,273
Lot Size74.99 ft x 109.55 ft
mls© NumberE13247220
Listed ByKINGSWAY REAL ESTATE

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%
$3,583
Property tax
$273
Heat allowance
$150
Housing costs
$4,006 / mo

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

Down payment20% · $139,998
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$139,998

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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