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New4 days ago

48 Highcastle Road

Morningside, Toronto

$1,299,900

Detached|Sidesplit 4
5 | 5 | 4
About this home

This beautifully renovated *** 5 B E D R O O M S***, ***5 B A T H R O O M S*** beside the school, just off Hwy 401 with quick Neilson Rd access. Over $ 1 5 0 K I N U P G R A D E S (2023-2026) __ R A R E M A I N F L O O R B E D R O O M , 2 U P P E R L E V E L E N S U I T E S, and 200 AMP panel. Renovations include kitchen with walkout to D E C K, all new flooring, 2 new + 2 renovated bathrooms, 120 pot lights, new garage door, R U B B E R F L O O R I N G in garage, fresh interior/exterior paint, new shutters, new shed, extended driveway for 3 cars. Open-concept living/dining with hardwood, wainscoting, and natural light. Finished basement with bedroom, kitchen, rec area, and 3-pc bath - ideal for extended family. Private west-facing backyard with two-tiered deck, separate entrance, and mature trees. Steps to school, mins to Hwy 401, close to all amenities. RARE PROPERTY WITH 5 BEDROOMS ABOVE GROUND IN THIS PRICE RANGE. GROUND LEVEL BEDROOM WITH 3-PC BATHROOM IS HIGH DEMAND FOR SENIOR CITIZENS OR THOSE WITH STAIR CLIMBING ISSUES. S E E A T T A C H E D L I S T F O R L I S T O F U P G R A D E S .

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,185
Lot Size52 ft x 135.47 ft
mls© NumberE13679908
Listed ByROYAL LEPAGE CERTIFIED REALTY

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%
$6,653
Property tax
$349
Heat allowance
$150
Housing costs
$7,152 / mo

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

Down payment20% · $259,980
25-yr amortization

Income needed

$220,000

gross annual household income

Payment at 4%
$5,470 / mo
Cash down
$259,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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