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New23 hours ago

132 Morgan Avenue

Thornhill, Markham

$1,375,000

Detached|Backsplit 5
3 | 3 | 5
About this home

Meticulously maintained, upgraded 5-level split home situated on a large corner lot in prestigious Thornhill. Enjoy beautifully landscaped front and back yards, offering plenty of outdoor space and an ideal setting for entertaining and family gatherings. The bright and functional layout features generously sized rooms, including a spacious den that can easily be used as a 4th bedroom. The kitchen offers a convenient walk-out to the family room, complete with a cozy fireplace and views of the beautifully landscaped yard.The fully finished basement features a separate side entrance and a second kitchen, offering excellent flexibility for extended family, multi-generational living, or potential rental income. This versatile space provides an excellent opportunity to create a comfortable in-law suite or additional living quarters.A wonderful family home offering space, functionality, beautiful outdoor areas, and excellent potential, all in a highly desirable Thornhill location. A great opportunity you won't want to miss!

Extras

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,854
Lot Size50 ft x 137.28 ft
mls© NumberN13742780
Listed ByRE/MAX REALTRON 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%
$7,038
Property tax
$488
Heat allowance
$150
Housing costs
$7,676 / mo

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

Down payment20% · $275,000
25-yr amortization

Income needed

$236,000

gross annual household income

Payment at 4%
$5,786 / mo
Cash down
$275,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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