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50 Mooregate Avenue, Ionview M1K 3V7

Price

$899,900

Bedrooms

3 Beds

Bathrooms

3 Baths

Size

1100-1500 sqft

Year Built

51-99

Property Type

House

Property Taxes

$4395.24

Description

Welcome to 50 Mooregate Ave! This spacious and well-maintained 3+3 bedroom, 3 full bathroom solid brick bungalow sits on a premium 51.87 ft mature lot backing onto Jack Goodlad Park in a highly sought-after Scarborough neighbourhood. The bright and spacious open-concept main floor is perfect for entertaining, featuring a brand new kitchen, generous principal rooms, newer flooring (2022), updated bathrooms, pot lights, and a beautifully renovated main bath with his-and-her vanities and convenient ensuite laundry. The separate side entrance leads to a basement with above-grade windows, separate laundry, ample storage, and exceptional income potential. The basement previously generated approximately $3,600/month in rental income. Enjoy the extra-large private backyard with a spacious deck, perfect for outdoor gatherings, along with an oversized driveway offering plenty of parking. Conveniently located within walking distance to transit, with easy access to Kennedy Station, LRT, GO Train, and just 17 minutes to Union Station via GO Transit. Close to schools, parks, shopping, banks, No Frills, Shoppers Drug Mart, restaurants, and all amenities. A fantastic opportunity for families, investors, or those seeking income potential-don't miss this one!

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$4,100 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$719,920

Total Interest Payments

$443,875

Total Payment (Principal + Interest)

$1,163,795

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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