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Listed 10 days ago

125 Riverglen Drive

Keswick South, Georgina

$849,900

Detached|Bungalow
2 | 1 | 4
About this home

All Brick Bungalow Situated On A Spectacular .63 Acre In Town Lot With Over 100' Of Frontage. Many Opportunities with a serviced lot of this size. A Bright Layout with Living/Dinning Combo That Has A Walk Out To A Large Deck Overlooking The Backyard. Kitchen Has Access To The Attached 1 Car Garage & Separate Entrance To Basement. An Investment Opportunity, Build your Future Dream Home or check with local Authorities to see what could be done in the way of development. Serviced Lots Like This Are Rare! Home was a 3 bedroom and could be converted back to suit your needs and will require finishing on both levels. If you are looking to redevelop or build the Sellers could possibly rent back providing income until you are ready to build in the spring.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,571
Lot Size103 ft x 274.75 ft
mls© NumberN13825726
Listed ByRIGHT AT HOME REALTY

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%
$4,350
Property tax
$464
Heat allowance
$150
Housing costs
$4,964 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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