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New6 days ago

97 Zaph Avenue

Highland Creek, Toronto

$849,900

Detached|1 1/2 Storey
3 | 3 | 3
About this home

Incredible investment opportunity in Toronto's prestigious Highland Creek! This detached property features modern updates alongside massive potential for future redevelopment. Located in a rapidly transitioning neighborhood where many older homes have been torn down and rebuilt into custom estates. Minutes to U of T Scarborough, Hwy 401, parks, & transit. Don't miss this opportunity!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,005
Lot Size51.5 ft x 127.78 ft
mls© NumberE13739846
Listed ByCENTURY 21 HERITAGE GROUP LTD.

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%
$4,350
Property tax
$334
Heat allowance
$150
Housing costs
$4,834 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

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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