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New3 hours ago

671 Scarlett Road

Humber Heights, Toronto

$999,000

Detached|1 1/2 Storey
3 | 2 | 2
About this home

Welcome to 671 Scarlett Road, a beautiful freehold gem in the heart of Humber Heights, offering the rare combination of turnkey comfort and genuine income potential.The main residence was fully renovated in 2013 and shines with an open-concept layout, spacious living and dining areas, and a sleek modern kitchen featuring stainless steel appliances and quartz countertops. Gleaming hardwood floors flow throughout, leading out to a private bi-level deck, perfect for relaxing or entertaining, plus a shared backyard. Bright pot lights and stylish finishes complete this move-in-ready main level.Downstairs, a charming bachelor apartment with its own separate entrance and walkout adds exceptional flexibility. This bright, open-concept suite features a sleek kitchen with stainless steel appliances, warm bamboo flooring, and a space-saving Murphy bed, ideal for a tenant, extended family, or extra income to help offset your mortgage.Set on a generous 30 x 117 ft lot, this home is just steps from public transit, top schools, shopping, parks, and the scenic Humber River Trail, with easy access into the city and beyond.Whether you're searching for a place to put down roots and start building your dream home, or seeking a smart addition to your investment portfolio, 671 Scarlett Road delivers on both fronts. First-time buyers get a beautifully finished home with built-in rental income potential, while seasoned investors gain a turnkey freehold property in a sought-after, transit-friendly neighbourhood.A rare opportunity to own a property that works as hard as you do.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size3000-3500 sq. ft.
Property Tax$4,542
Lot Size30 ft x 116.5 ft
mls© NumberW13701008
Listed ByREAL BROKER ONTARIO LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,113
Property tax
$379
Heat allowance
$150
Housing costs
$5,642 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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