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Listed 12 days ago

203 - 1415 Ghent Avenue

Brant, Burlington

$394,999

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

INCREDIBLE VALUE IN SOUTH BURLINGTON! Offered at just $394,999 with an ALL-INCLUSIVE CONDO FEE covering building insurance, cable TV, high-speed internet, heat, hydro, common elements, property management, parking, landscaping and snow removal. This spacious unit offers over 1,000 sq. ft. of living space and an exceptional opportunity to get into one of Burlington's most desirable and convenient locations at an incredibly attractive price point. The generous floor plan includes a large living and dining area, spacious bedroom and an oversized den offering tremendous flexibility as a home office, additional living space or potential second bedroom. Enjoy the convenience of condo living just minutes from Downtown Burlington, the waterfront, The Park, restaurants, coffee shops, shopping, transit and major highways. An outstanding opportunity for first-time buyers, those looking to get into South Burlington, downsizers or investors searching for space, location and value. At $394,999, opportunities offering this much space in this location are increasingly difficult to find. A must-see opportunity in the heart of South Burlington!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$1,140
LockerEnsuite
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,565
mls© NumberW13814314
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • 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%
$2,022
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$570
Housing costs
$2,955 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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