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New4 days ago

194 Norwood Court

Stratford, Stratford

$699,900

Detached|Bungalow-Raised
4 | 2 | 6
About this home

Welcome to 194 Norwood Court, a recently updated, move-in-ready raised bungalow in a mature neighbourhood. This all-brick detached home offers 1,405 sq. ft., 3 bedrooms on the main floor, two bathrooms, hardwood flooring, and a large attached garage. The fully finished basement features a gas fireplace and includes an additional bedroom. Conveniently located close to highly rated schools, a recreation centre and a farmers market, this remodeled home is ready for its next owner.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,957
Lot Size137.39 ft x 98 ft
mls© NumberX13847552
Listed ByRE/MAX A-B Realty Ltd

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,582
Property tax
$496
Heat allowance
$150
Housing costs
$4,229 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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