4778 Holborn Road
Mt Albert, East Gwillimbury
$928,000
Great Investment Opportunity In The Extremely Fast Growing Area Of East Gwillimbury Township. Future Proposed Cross Town Highway Will Start From Holborn Road. Over 10 Acres Land With A Bachelor Bungalow On It Surrounded By New Built Homes. Perfect Land To Build Over 5000+ Sqft Dream Home! Septic Tank, Dug Well, Hydro, Bell Cable & Phone Lines Are Available. You Can Build Your Dream Home Soon! Can't Miss It!!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $1,123 |
| Lot Size | 165 ft x 2693.93 ft |
| mls© Number | N13629538 |
| Listed By | REAL ONE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,750
- Property tax
- $94
- Heat allowance
- $150
- Housing costs
- $4,994 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$154,000
gross annual household income
- Payment at 4%
- $3,905 / mo
- Cash down
- $185,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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