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Listed 3 months ago

14 Savvy Lane

Rural Caledon, Caledon

$552,204

Condo Townhouse |
2 | 3 | 2
About this home

LISTED MLS Pricing is PURCHASE PRICE NET OF HST REBATE. Please note Agreement of Purchase and Sale price is $599,990. Rebate to be adjusted on closing if applicable** The Social by Zancor Homes, stylish and contemporary Urban Town Located in Caledon. Move In Ready! Two Bedroom, 2.5 bathroom unit, 2 Car Parking ( 1 Interior, 1 Exterior). Covered Terrace with private entrance. Spacious and bright open unit, with Stainless steel appliances, white washer and dryer. No Development Charges, No Occupancy Fees, 1 Year Free Maintenance (Est $269.99/ month) 3 Stainless Steel Appliance Package& Stacked Washer/DryerLocated close to all Amenities / Future

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
StyleOther
Approx. AgeNew
Size1200-1399 sq. ft.
Maintenance Fees$270
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeBuilt-In
Parking Spaces2
Parking FeaturesPrivate
Property Tax---
Lot Size x
mls© NumberW13146668
Listed ByINTERCITY REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,826
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$135
Housing costs
$3,111 / mo

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

Down payment20% · $110,441
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,324 / mo
Cash down
$110,441

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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