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Listed 10 days ago

127 Coleman Crescent

Rural Scugog, Scugog

$299,900

Detached|Bungalow
2 | 1 | 4
About this home

Lake Scugog views, a generous 80 x 216 ft. lot and lake access just across the street set the scene at 127 Coleman Crescent. For buyers who put the setting first, this 2-bedroom bungalow offers an opportunity to bring their vision to a property with the lake in view and the shoreline close by. Lake access is across the street to the right, down the pathway to the dock, making the water part of the appeal without this being a direct waterfront property.Inside, approximately 615 sq. ft. of carpet-free living space includes a living room, separate kitchen and dining area, two bedrooms with large windows, and a 4-piece bathroom. The compact, single-level layout keeps the focus on simple living, while the deep lot offers outdoor space to enjoy and personalize. A porch, garden shed, additional shed and driveway parking for four vehicles round out the property. Features include a 125-amp electrical panel, well water and septic system. Immediate possession is available.Bring your ideas and explore the possibilities of this lake-view setting in rural Scugog. Buyers should independently satisfy themselves regarding the property's condition, permitted uses, any proposed improvements, and the nature and terms of lake and dock access.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$2,534
Lot Size80 ft x 216 ft
mls© NumberE13823274
Listed ByRoyal Heritage Realty Ltd.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$1,535
Property tax
$211
Heat allowance
$150
Housing costs
$1,896 / mo

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

Down payment20% · $59,980
25-yr amortization

Income needed

$58,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$59,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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