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New3 days ago

578 Bellamy Road N

Woburn, Toronto

$839,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Whether you're a growing family, a multi-generational household or an investor, this solid detached bungalow checks the boxes! Set on a 40 x 125 ft lot in the heart of Woburn, one of Scarborough's most convenient and in-demand communities. The main floor offers 3 spacious bedrooms with hardwood floors, a bright eat-in kitchen, and a sun-filled living/dining room with comfortable space for the whole family. The finished basement, with its own separate side entrance, second kitchen, full washroom and 2 bedrooms, offers exceptional flexibility for extended family or potential added income. The deep lot leaves room to think long-term. Steps to TTC, minutes to Scarborough Town Centre, Cedarbrae Mall, top-rated schools, places of worship, and every amenity you could ask for. A smart move in one of Toronto's most established east-end neighbourhoods! Central Vac Rough In (equipment not included), Roof (2017), HWT, Furnace (2006).

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,906
Lot Size40 ft x 125 ft
mls© NumberE13851388
Listed ByRE/MAX WEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,294
Property tax
$326
Heat allowance
$150
Housing costs
$4,770 / mo

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

Down payment20% · $167,800
25-yr amortization

Income needed

$147,000

gross annual household income

Payment at 4%
$3,531 / mo
Cash down
$167,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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