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22 Lingarde Drive, Wexford-Maryvale M1R 1X6

Price

$999,000

Bedrooms

3 Beds

Bathrooms

4 Baths

Size

1100-1500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4516.98

Explore A Virtual Tour

Description

Welcome to 22 Lingarde Dr, Scarborough, a beautifully refreshed detached bungalow in the highly desirable Wexford-Maryvale neighbourhood - offering comfort for families and exceptional income potential for investors. This bright, move-in-ready home features brand new flooring throughout, fresh professional paint, and a newly finished driveway that enhances its curb appeal. The main level showcases an inviting open-concept layout with a built-in island, quartz countertops, and mosaic backsplash, flowing seamlessly to a walk-out deck and private backyard - perfect for everyday living, entertaining, and summer gatherings. What truly sets this property apart is the rare income opportunity with Two self-contained basement units, Three kitchens, Two separate laundry rooms, Ideal for multi-generational living or strong consistent rental cash flow. Located in a high-demand Scarborough rental pocket, this home offers unmatched convenience. You are within walking distance to the Eglinton Crosstown LRT, neighbourhood schools, parks, grocery stores, and everyday amenities. Just minutes to Lawrence Avenue East, Warden Avenue, Highway 401, and convenient access to the Toronto Transit Commission (TTC). Close proximity to Centennial College further strengthens the property's rental appeal. Whether you're a homeowner seeking mortgage-helping income or an investor looking for a high-yield property in a proven location, this home delivers unmatched versatility, location advantage, and value. A rare opportunity you don't want to miss.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,466 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,200

Total Interest Payments

$492,756

Total Payment (Principal + Interest)

$1,291,956

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

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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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