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Off-market opportunityPosted 24 days ago

Private Sale - 302 Blantyre Avenue

Scarborough, ON M1N 2S5

Asking Price

$1,599,000

3

Beds

2

Baths

Detached

Type

Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.

About this property

Welcome to this charming & quaint home in sought after neighbourhood. Walk to restaurants, patios, and shops. Prime location! Close to transit and a 15 minute drive to downtown Toronto! 5 minute drive to the exclusive Hunt Club golf course. Substantial lot size of 43 x 140 ft makes it a great opportunity for a Builder! Detached 1 ½ storey, Private Drive holds 2 cars, New roof, Gas Fireplace on main floor, Wood Fireplace in basement. Hardwood Floors, 3 Washrooms (1x4, 1x3, 1x2). Finished basement. 3-Tiered Deck, Backyard, & Garden. Inclusions: Fridge, Stove, Microwave, Dishwasher, Washer, Dryer, All Window Coverings, Central Air. Exclusions: Basement Fridge, Pool Table, Light Over Pool Table, Dining Room Ceiling Fan. Buyer to Assume HWT rental ($40.30 per month) and Furnace rental ($79.08 per month) As is wear, no warrantees, fencing as is, offers open for 48-72 hours.

Opportunity analysis

Opportunity score

7 / 10

Recommended strategy

Fix & Flip

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Lot size

43 x 140 ft

Parking

Private Drive holds 2 cars

Basement

Finished

Business case

Strengths

  • Finished basement
  • New roof
  • Hardwood floors

Opportunities

  • Substantial lot size of 43 x 140 ft for builder
  • Prime location within 15 min drive to downtown Toronto
  • Close to transit

Weaknesses

  • As-is wear, no warranties
  • Fencing as is
  • Exclusions include basement fridge

Threats

  • Buyer must assume HWT rental ($40.30/month) and furnace rental ($79.08/month)
  • Offers open for only 48-72 hours
  • No warranties or guarantees

Mortgage calculator

Full calculator

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Monthly payment (principal + interest)

$8,568

Down payment

$319,800

Mortgage amount

$1,279,200

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $319,800 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$10,167/mo

Mortgage (P+I)

−$8,568

Property tax

−$1,599

Asking Price

$1,599,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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