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Listed 2 months ago

62 Clementine Square

Woburn, Toronto

$795,000

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to this charming ranch style bungalow in the heart of a quiet, family oriented Scarborough neighbourhood. Located on a peaceful, curving, tree lined street, this home sits on the best lot on the block, featuring the biggest backyard.This vibrant and diverse community perfectly blends single detached houses with high-rises, a welcoming mix of longtime homeowners and renters that feels just right for both families and investors. You'll love the convenient location, with quick access to Highway 401, TTC transit, Cedarbrae Mall, Woburn Collegiate Institute, and excellent elementary schools. Inside, the bright and well laid out main floor features spacious living, dining, and kitchen areas. Downstairs, you'll find a professionally finished basement with a separate entrance and a fully independent 2 bedroom suite complete with its own full bathroom, ideal for extended family, or generating rental income. This solid home is being sold as-is and is ready for someone to give it some love and care. With a bit of personal attention, it offers tremendous potential for families looking to put down roots or savvy investors seeking a great value add opportunity in a high demand Scarborough neighbourhood. This is a wonderful chance to own a home in a friendly pocket of Scarborough that truly has something for everyone.

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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
Size1100-1500 sq. ft.
Property Tax$4,351
Lot Size40 ft x 110.31 ft
mls© NumberE13460718
Listed ByRE/MAX HALLMARK SHAHEEN & COMPANY

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%
$4,069
Property tax
$363
Heat allowance
$150
Housing costs
$4,582 / mo

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

Down payment20% · $159,000
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,345 / mo
Cash down
$159,000

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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