11 Centre Street
Scarborough Village, Toronto
$999,999
Opportunities like this don't come often! This 50.06 ft x192.0 ft lot only offers endless possibilities for developers, builders, and investors looking to maximize value in a prime location. Whether you're envisioning a luxurious custom home, a multi-unit development, or a profitable investment, maximize your investment with the possibility for land assembly withthe neighboring property creating an even larger development opportunities. This rare large lot offers excellent options for a family home, multi-unit investment, Act quickly, Near byChurches, mosque, supermarkets, schools, medical Clinic, TTC route, LRT future line, Etc.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,031 |
| Lot Size | 50.06 ft x 192 ft |
| mls© Number | E13580688 |
| Listed By | CENTURY 21 INNOVATIVE 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%
- $5,118
- Property tax
- $253
- Heat allowance
- $150
- Housing costs
- $5,521 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$170,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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