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New5 days ago

71 Gatesview Avenue

Scarborough Village, Toronto

$799,900

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to this bright and spacious 3-bedroom bungalow, ideally situated on a sprawling 75-foot lot in the quiet and friendly Scarborough Village community. From the moment you step inside, you'll appreciate the warm, welcoming interior, abundant natural light, and generous room sizes throughout. The main floor features a large living room with breathtaking oversized windows that fill the space with natural light, spacious bedrooms with large windows and closets, beautiful hardwood floors, and professionally painted, making this home truly move-in ready. The large eat-in kitchen provides plenty of room, while the open-concept dining area creates an inviting setting for entertaining. Step out to the beautiful covered deck for seamless indoor-outdoor living and large, fully fenced private backyard, perfect for enjoying those memorable summer days at home.The spacious lower level offers incredible versatility with a separate entrance, full kitchen, bedroom, bathroom, and a large open area with ample room for a family room and dining table for games, and family gatherings. A cool retro bar adds a nostalgic touch, creating a fun space for entertaining. Ideal for extended family, multigenerational living, or potential rental income. Close to parks, schools, shopping, dining, gyms, hospitals, Scarborough Golf and Country Club, easy access to TTC, GO Station, and Highway 401. The Scarborough Bluffs are also just minutes away. Come see all this spacious bungalow has to offer! Open House SAT/SUN

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,097
Lot Size75.03 ft x 100 ft
mls© NumberE13676464
Listed ByREAL ESTATE HOMEWARD

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%
$4,094
Property tax
$341
Heat allowance
$150
Housing costs
$4,586 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

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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