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BRIMLEY ROAD, Toronto (Agincourt South-Malvern West), ON, M1S2B2
$950,000
Asking Price
Attention Builders/Investors! Don't Miss This Rare Opportunity To Build income rental property. will be Sale together with 1972 Brimley rd LOT . 2 lot can be build two (6+1)unit rental apartment total 14 unit .per unit 3b2b , total :18200 SQ/FT .Comply with CMHC mortgage policy.Please see the attached surveys and reference plans. This 38' x 159' Severed Lot Is Conveniently Located To Nearby Amenities And Attractions. This Well Mainted Lot is Leveled and Features Access to Sewers, Municipal Water And Utility Lines. TTC At Door Step. Walking Distance To school Scarborough Town Centre. Easy Access to Hwy 401.the main building's Building permit (four units )have been change to six unit , the garden house's building permit is currently being updated. Appointment Required To Walk The Property (id:24493) MLS® #E12581746 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Recommended Strategy:
Property Type
residential
Status
for sale
Basement
unknown
Separate Entrance
No
Strengths
• High demand for rental properties
• Potential for long-term appreciation
Weaknesses
• Dependent on rental market conditions
• Potential for tenant vacancies
Opportunities
• Potential for government incentives
• Growing population in the area
Threats
• Changes in government policies
• Competition from new developments
Down Payment
Canadian semi-annual compounding
Down
$190,000
Loan
$760,000
Monthly P+I
$5,091
= $190,000 · 20.0% committed
Auto-calculated from mortgage above
Ontario default: 1.2% of $950,000 ÷ 12
Monthly Summary
Mortgage (P+I)
$5,091
Property Tax
$950
Total Out
$6,041
Rental In
$0
Net / Month
-$6,041
Net Cash Flow
Enter rental income to activate the gauge
Asking Price
Posted May 28, 2026 · 7 days ago
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