New5 days ago
41 Heathfield Drive
Scarborough Village, Toronto
$1,299,900
Detached|2-Storey
5 | 4 | 4
About this home
This luxurious custom built home is approximately 3600 sq. ft. and is located in a prime Lake Ontario / Bluffs location. The home is 85% complete and ready for your finishing touches. This is the perfect opportunity to create your dream home in a prestigious neighborhood.
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Listing History
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,653
- Property tax
- $1,139
- Heat allowance
- $150
- Housing costs
- $7,943 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $259,980
25-yr amortization
Income needed
$244,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
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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