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New2 days ago

55 Saginaw Crescent

7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills, Cityview - Parkwoods Hills - Rideau Shore

$999,000

Detached|2-Storey
7 | 4 | 6
About this home

Rarely offered and larger than it appears, this impressive multi-generational home is situated on a quiet, family-friendly crescent and boasts over 2,500 sq. ft. of adaptable living space. Currently configured as three self-contained suites, the property offers endless possibilities for investors, extended families, or owner-occupants looking to supplement their income. A unique blend of space, flexibility, and opportunity makes this an outstanding investment in today's market.The spacious main-level unit, approximately 1,500 sq. ft., features 3 bedrooms, 1.5 bathrooms, and is vacant, providing immediate occupancy or rental potential. The upper-level unit offers 2 bedrooms and 1 bathroom and is leased until April 2027. The lower-level unit features 2 bedrooms and 1 bathroom and is occupied by a month-to-month tenant.Enjoy your own backyard oasis complete with a fully fenced, gated in-ground pool, perfect for entertaining and family enjoyment. The property also offers convenient 3-lane parking (5 cars).Numerous recent upgrades have been completed, including a new furnace, tankless hot water system, and R60 attic insulation (March 2026), along with many additional improvements throughout the home.Whether you're looking to maintain the existing income-producing setup or convert the property back into a spacious single-family residence, the possibilities are endless.

Extras

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. Age51-99
Size2000-2500 sq. ft.
Property Tax$6,793
Lot Size65 ft x 100 ft
mls© NumberX14099814
Listed ByDETAILS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$566
Heat allowance
$150
Housing costs
$5,829 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$179,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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