New4 days ago
51 Range Road
South East, Ajax
$529,900
Detached|Bungalow
3 | 1 | 6
About this home
Opportunity knocks! In the South of Ajax just north of Lake Ontario you could build your dream home. The property features a 40' x 200' with an existing bungalow (sold as is where is) on it. There is municipal water running to the property line and a septic system installed already. This lot is primed for a custom build.
Extras
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,396 |
| Lot Size | 40 ft x 200 ft |
| mls© Number | E13721258 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $2,712
- Property tax
- $450
- Heat allowance
- $150
- Housing costs
- $3,312 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $105,980
25-yr amortization
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,230 / mo
- Cash down
- $105,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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