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Listed 24 days ago

16 Massey Drive

St. Thomas, St. Thomas

$609,900

Detached|2-Storey
3 | 3 | 6
About this home

Stately 2 storey home with double car garage on quiet cul de sac. Ideally situated across from green space. Lovingly maintained by its original owner, this home offers well kept living space in a family friendly location. Main level features a formal living room as well as a large, cozy family room with floor to ceiling brick fireplace. Newer deck off family room overlooking a shaded, fenced yard. Handy 2 piece bath on main. Second level offers 3 bedrooms and two baths. Basement partially finished with extra living space for family gatherings and a second, brick fireplace. This home is close to all amenities. Walking distance to Lake Margaret, Doug Tarry Complex, and elementary and high schools. Quick possession available!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,524
Lot Size56 ft x 113 ft
mls© NumberX13662640
Listed ByELGIN REALTY LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,122
Property tax
$460
Heat allowance
$150
Housing costs
$3,732 / mo

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

Down payment20% · $121,980
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$121,980

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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