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Listed 11 days ago

9800 Britannia Road

1025 - BW Bowes, Milton

$1,999,000

Detached|Bungalow
3 | 2 | 12
About this home

Welcome to 9800 Britannia Rd, Milton! An exceptional opportunity to own approximately 0.76acres in a growing and desirable area of Milton. This unique property features an existing 3+1bedroom bungalow, offering immediate residential use along with exciting long-term investmentpotential. Ideal for homeowners, investors, developers, and land bankers looking to secure asubstantial parcel in an area surrounded by established residential communities and continuedgrowth. Conveniently located close to schools, parks, shopping, amenities, and majortransportation routes. Live in, rent out, or hold for the future while exploring potentialredevelopment opportunities, subject to municipal and other required approvals. A rareopportunity to acquire a sizeable property with both present-day value and future potential.Buyers/Buyer's Agent to conduct their own due diligence regarding zoning, permitted uses,servicing and development potential

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,452
Lot Size131.74 ft x 249.48 ft
mls© NumberW13821510
Listed ByRE/MAX GOLD REALTY 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%
$10,232
Property tax
$454
Heat allowance
$150
Housing costs
$10,836 / mo

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

Down payment20% · $399,800
25-yr amortization

Income needed

$333,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

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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