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Investment signal

$1,049,000

50 FRASERTON CRESCENT

Beds

5

Baths

2

Sqft

Year

About this home

Welcome to this beautifully updated home offering modern living and excellent income potential. The open-concept main floor features a stylishly renovated kitchen with stainless steel appliances, spacious living areas, and two updated full washrooms. Enjoy the convenience of two separate laundry sets, perfect for multi-family living or tenants.Income Potential:Professionally finished 2-bedroom basement apartment with a separate side entrance, ideal for rental income or extended family.Outdoor Features:Premium lot with a fully fenced backyard and a stone patio, perfect for relaxing or entertaining.Unbeatable Location:3-5 minutes to shopping and public transit10 minutes to Scarborough Town Centre, Highway 401, and the subwayClose to universities, colleges, schools, parks, and all major amenities (within a 10-15 minute drive)Additional highlights include a high-efficiency furnace and numerous quality upgrades throughout.Don't miss this opportunity to own a move-in-ready home in a highly sought-after neighborhood! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
E12914414
Area
TORONTO_(BENDALE)
Negative cash flow ~$2,033/mo at these assumptions

Cash on cash

-11.63%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,390

Financing

Down payment$209,800
Loan amount$839,200
Mortgage$5,148/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$481
Insurance$80
Maintenance$874
CapEx reserve$437
Vacancy loss$263

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,148/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.

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