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Listed 20 days ago

1519 Napanee Road

Amberlea, Pickering

$875,000

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

We all know how difficult it can be to obtain a bungalow so here is an excellent opportunity that you don't want to miss! If you are looking to downsize but not compromise on room dimensions, want less stairs, need a primary bedroom on the same floor, take a look at this 2 bedroom home featuring hardwood floors throughout. This raised bungalow is perfect for empty-nesters! A nicely appointed kitchen with granite countertops, gas stove and california shutters. The primary bedroom is generous in size and features a 5 pc ensuite complete with a soaker tub, separate shower and a spacious vanity with a decorative vessel sink. The highlight of this home might be the huge family room with a gas fireplace....a perfect retreat to sit back and watch a good movie! Interlock walkway, 2 car garage and an unfinished basement where you can add your final touches. Shingles (approx. 2020). Come and see for yourself.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,181
Lot Size39.41 ft x 110.02 ft
mls© NumberE13666030
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$4,479
Property tax
$598
Heat allowance
$150
Housing costs
$5,227 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

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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