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New4 days ago

18 Minnacote Avenue

West Hill, Toronto

$799,000

Detached|Bungalow
3 | 2 | 7
About this home

Welcome to 18 Minnacote Ave - one of those rare properties with maximum potential! Loved and meticulously maintained by the same family since 1963, this 3-bedroom, 2-bathroom bungalow is in move-in condition today, with room to grow tomorrow. The finished basement is ideal for an in-law suite, rental income, or multi-generational living as it has two separate outdoor entrances, a full bathroom, a kitchen, a fireplace, and a large bedroom, with several above-grade windows filling the space with natural light. This home is set on a spacious, flat 50 x 200 ft lot, which is a premium building lot - ideal to build your new dream home. Many homes on this street have already been rebuilt into modern new homes. This is a property you can grow into, on your own timeline. Located close to the heart of Highland Creek Village, one of Scarborough's most charming and underrated pockets, this home is minutes to Old Kingston Rd with a small-town feel and, quaint main-street that is rare within the city of Toronto. This community is quiet and residential, yet never isolated: minutes to the ravine system, the University of Toronto Scarborough campus, and the lake, plus all the amenities of Lawrence and Morningside, including shops, schools, and a community centre. TTC bus routes connect to Rouge Hill and Guildwood GO stations, putting downtown Toronto within roughly 30-40 minutes by train.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,113
Lot Size50 ft x 200 ft
mls© NumberE13788062
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%
$4,090
Property tax
$343
Heat allowance
$150
Housing costs
$4,582 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

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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