32 Scarborough Heights Boulevard
Cliffcrest, Toronto
$999,000
Scarborough Sought After pockets minutes to Scarborough Bluffs. Fabulous 55.06 X 138.95 fenced lot with pool. Great size driveway, 4 cars. Lots of curb appeal and sweet look. Detached 1 1/2 storey home with lots of potential to make it your dream home. Finished basement has a walk up to rear yard. Lovely custom deck of the kitchen overlooking the pool and rear private yard. Tucked away in this family friendly neighborhood, good schools, walking trails, TTC, Go transit and convenient access to downtown. Don't miss out on the opportunity!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $471
- Heat allowance
- $150
- Housing costs
- $5,734 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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