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Listed 26 days ago

140 Victoria Street

Beaverton, Brock

$550,000

Detached|1 1/2 Storey
4 | 1 | 8
About this home

Welcome home to a truly unique property offering the space, flexibility and future potential you've been looking for! This charming detached 4 bedroom, 1 bathroom home offers an excellent opportunity for families, investors and those seeking a property with room to grow. Enjoy comfortable living today with a spacious home, detached garage, storage shed and 2 private driveways, while the property's exceptional land configuration creates exciting possibilities for the future. Featuring frontage on 3 streets, 2 separate parcels, 2 sanitary service connections and 2 tax bills, the property offers the potential for up to 3 separate building lots. Whether you're looking for a family home, rental property, investment opportunity or a property with significant future potential, this one offers flexibility rarely found in the residential market. Situated entirely outside Conservation Authority regulated areas and surrounded by custom built homes, the property is ideally located just moments from the shores of Lake Simcoe, with easy access to schools, shopping, parks, marinas, beaches and an abundance of recreational amenities. Live in, rent out, hold or explore the property's development potential. A rare opportunity to secure a substantial residential property in a desirable lakeside community with multiple possibilities for the future. 3 Street Frontages | Up to 3 Potential Building Lots | 2 Parcels | 2 Sanitary Connections | 2 Tax Bills | Outside Conservation Authority Regulated Areas | 4 Bedroom Home | Detached Garage | 2 Private Driveways

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,326
Lot Size191.89 ft x 148.31 ft
mls© NumberN13753728
Listed ByRE/MAX Jazz INC.

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%
$2,815
Property tax
$361
Heat allowance
$150
Housing costs
$3,326 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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