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New4 days ago

2138 Falmouth Terrace

Brant Hills, Burlington

$789,900

Detached|Bungalow
3 | 2 | 5
About this home

This solid three-bedroom bungalow is bursting with untapped potential and sits on a generous lot in the highly desirable Burlington neighbourhood of Brant Hills. Whether you want to renovate and modernize the existing layout, create a custom rental property, or build your dream home from the ground up, this property provides the perfect canvas. This house has a classic layout with three main floor bedrooms, a spacious living area and a functional kitchen footprint. With it's separate entrance and full bathroom in the basement, this home provides potential for an in-law suite or a future secondary unit. Its central location is minutes to the Burlington GO station, QEW /403, waterfront parks, top rated schools and shopping. This property is being sold as is, where is, condition. The seller makes no representations or warranties regarding the state of the structure, included fixtures, or mechanical systems.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,722
Lot Size50 ft x 130 ft
mls© NumberW13628634
Listed ByKELLER WILLIAMS EDGE REALTY

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%
$4,043
Property tax
$394
Heat allowance
$150
Housing costs
$4,587 / mo

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

Down payment20% · $157,980
25-yr amortization

Income needed

$141,000

gross annual household income

Payment at 4%
$3,324 / mo
Cash down
$157,980

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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