About this home
Beautiful 2 Storied Detached 4 bedrooms, 3 Washrooms Home Backing On To A Park! With Tons Of Features And Space. Great For Entertaining. Includes A Family Sized Eat-In Kitchen, 4+3 Bedrooms. A Separate Apartment Downstairs For Optional Rental Income. Basement Rental income $3000 a month as per the owner. Walk Out To Deck. Separate Powered Entertainment Suite (19Ft10X11Ft4) And Much More! A Must See!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 6-15 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,000 |
| Lot Size | 50 ft x 144 ft |
| mls© Number | E13780490 |
| Listed By | REALTY 21 INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $417
- Heat allowance
- $150
- Housing costs
- $5,685 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $199,980
25-yr amortization
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,980
Assumes no other monthly debts · 25-yr amortization
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