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New3 days ago

970 Danforth Avenue

Bayview, Burlington

$999,900

Detached|Bungalow
3 | 2 | 3
About this home

FIRST TIME EVER ON THE MARKET! Located in one of Aldershot's most desirable and sought-after areas, this solid three-bedroom, two bath bungalow offers an exceptional opportunity to own a well-maintained home on a generous 70'x 120' lot. The main floor is filled with natural light and beautiful hardwood floors with an abundance of windows throughout. The dining room offers patio doors that open onto a deck overlooking the spacious backyard, creating an easy connection to outdoor living. The attached single garage provides added convenience, while the spacious backyard includes a large workshop-ideal for the hobbyist, craftsman or anyone needing additional workspace. Ideally situated just moments from the Royal Botanical Gardens, parks, schools, shopping, transit, Lake Ontario and easy highway access. A fantastic opportunity in a highly desirable neighbourhood where properties like this rarely come to market.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,292
Lot Size70 ft x 125 ft
mls© NumberW13850256
Listed ByRE/MAX ESCARPMENT 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%
$5,118
Property tax
$441
Heat allowance
$150
Housing costs
$5,709 / mo

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

Down payment20% · $199,980
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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