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New3 days ago

82 Pennyhill Drive

Malvern, Toronto

$899,000

Detached|2-Storey
3 | 3 | 5
About this home

Welcome to this spacious and well-maintained 3-bedroom home, ideally located in a desirable,family-friendly neighbourhood near McLevin & Neilson. Offering a functional layout and generous living space, this home is perfect for growing families, first-time buyers, extended families, or investors seeking additional income potential.The inviting main floor features a family-sized eat-in kitchen with ample cabinetry and workspace, along with a walk-out to a spacious private backyard, perfect for family gatherings, outdoor entertaining, gardening, and summer enjoyment. The bright living and dining rooms provide a warm and comfortable space for everyday living and entertaining. The fully finished basement with a separate entrance features a spacious one-bedroom apartment, offering excellent flexibility for extended family, guests, or potential rental income, along with abundant storage space. Enjoy parking for 4 cars and an excellent location close to schools, parks, shopping, TTC transit and minutes drive to Hwy 401.A wonderful opportunity to own a spacious and versatile home in a convenient, family-friendly neighbourhood!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,468
Lot Size25.32 ft x 102.3 ft
mls© NumberE13851376
Listed ByCENTURY 21 INNOVATIVE PINNACLE REAL ESTATE GROUP

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$289
Heat allowance
$150
Housing costs
$5,041 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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