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Historic Lakeshore Communities, Georgina
$495,000
Great Starter, Investment, or retirement home in a desireable and historical lakeshore community area, a block from Lake Simcoe's south shore. Large lot surrounded by modern homes. Walk to the lake with access to swim, fish or boat. Great Neighbours on all sides! Close to parks and forest trails. 10 minutes to Hwy 404 for your commute.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $2,832 |
| Lot Size | 50 ft x 150 ft |
| mls© Number | N13555036 |
| Listed By | TRANSGLOBAL REALTY CORP. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,534
- Property tax
- $236
- Heat allowance
- $150
- Housing costs
- $2,920 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $2,083 / mo
- Cash down
- $99,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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