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Listed 15 days ago

3 - 1253 Silvan Forest Drive

Tansley, Burlington

$919,000

Condo Townhouse |
3 | 3 | 2 | 1
About this home

This mixed-use townhome, rarely available in a highly desirable community, presents a unique opportunity. This live-and-work townhouse is situated in a terrific location, with commercial space on the main floor suitable for various purposes. It offers the chance to own a cash-positive investment or establish your own business. The spacious living room boasts gleaming hardwood floors and a double-door walkout to a large private terrace. The eat-in kitchen is fantastic, featuring ample counter and cabinet space, along with a bright breakfast area. Do not miss out on this sensational opportunity.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$714
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeAttached
Parking Spaces2
Parking FeaturesNone
Property Tax$4,715
mls© NumberW13587082
Listed ByRIGHT AT HOME REALTY
Common Elements Included

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%
$4,704
Property tax
$393
Heat allowance
$150
Condo fees, half counted
$357
Housing costs
$5,604 / mo

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

Down payment20% · $183,800
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$3,867 / mo
Cash down
$183,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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