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40 Akil Thomas Gardens, Bendale M1P 0G3

Price

$1,175,000

Bedrooms

4 Beds

Bathrooms

5 Baths

Size

1500-2000 sqft

Year Built

0-5

Property Type

House

Property Taxes

$4300

Description

$3,250 current rental income. Over $100,000 invested in high-quality finishes. Modern 3-storey luxury freehold townhouse with no monthly fees, quality built by Madison in 2024 still under Tarion warranty. Total of 1,918 sq. ft. plus a 180 sq. ft. terrace and full-size basement. This Home Offers 4+(Studio) Bedrooms, 5 Bathrooms, and 3 Kitchens, surrounded by approximately 100 newer high value townhomes. This is The Most Recent Development in South Scarborough. Owner Occupies 1,400 sq. ft. plus BBQ Terrace, 2nd and 3rd floors consisting of 3 bedrooms, 2.5 bathrooms, a laundry room, garage, and driveway. This floorplan is very rare to find. Upgrades: Floodlight security cameras (front and rear) interlocking driveway, basement studio apartment with separate entrance, large window, kitchen (removable cooktop), custom cabinetry, pot lights, and fully furnished with luxury finishes. Ground level includes a builder-finished 1-bedroom, 4-piece bathroom, separate front entrance, pot lights, kitchen (removable cooktop), custom cabinetry, and Murphy bed with custom cabinets furnished. The 2nd flr features 9ft ceiling, Soundproof insulation in living room, an extended quartz kitchen island with breakfast bar seating for 3 people, stainless steel exhaust hood fan and appliances, custom cabinetry, and gas line for BBQ on terrace. The 3rd Flr offers 3 bedrooms, 2 bathrooms, a primary bedroom (4 piece ensuite) and walk-in closet organizers. Waterproof premium hardwood flooring, Electric blinds, single-panel doors, and luxury quartz countertops throughout the luxury home. Garage features 10.5 ft ceilings, ample storage, and EV charger rough-in. Prime location: 5-minute walk to public & secondary schools, FreshCo, Shoppers, Mosque, Churches, 10-minute TTC commute to LRT crossover and Kennedy Station; 7-minute drive to Scarborough Town Centre and Hwy 401; and 10-minute drive to Hwy 404/DVP via Lawrence Ave East. 30-minute drive to downtown Toronto

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,080 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$940,000

Total Interest Payments

$579,568

Total Payment (Principal + Interest)

$1,519,568

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Related Properties

Property at 65 Akil Thomas
28 days on market

65 Akil Thomas

$1,050,000

Toronto, ON M1P 3C1

4 Beds|4 Baths|1500-2000 Sq.Ft.

Listed By: ROYAL LEPAGE SIGNATURE REALTY

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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