53 Milford Haven Drive N
53 Milford Haven Drive N
$1,079,990
7 days on market
About This Listing
A smart financial move for buyers! Live upstairs while the two self-contained basement suiteshave the potential to generate up to $3,500/month in rental income (subject to marketconditions), helping offset a significant portion of your mortgage and making homeownershipmore affordable.Beautifully renovated detached bungalow in a highly desirable, family-friendly Scarboroughneighbourhood! This move-in-ready home features 3 spacious bedrooms on the main floor,hardwood flooring throughout, and a modern kitchen with quartz countertops, pot lights, andstylish finishes. Major updates include a new furnace, new central A/C, and a new roof foradded peace of mind.The professionally finished basement with a separate entrance offers two self-contained suites(2-bedroom + 1-bedroom), providing exceptional flexibility for rental income, extended family,or multi-generational living.Ideally located just minutes from Centennial College, the University of Toronto ScarboroughCampus, Highway 401, TTC, schools, parks, shopping, and everyday amenities. A rare opportunityoffering modern living, outstanding income potential, and exceptional long-term value
| Monthly Mortgage (P&I) | $4,705 |
| Property Tax (MLS) | $305 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,010 |
Down payment: $215,998 (20.0%) · Mortgage: $863,992
Property tax uses MLS annual tax of $3,657/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX COMMUNITY REALTY INC.
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Data last updated: August 23, 2026 at 12:25 p.m.