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New7 days ago

130 Pine Street

Downtown Whitby, Whitby

$500,000

Detached|Bungalow
2 | 1 | 2
About this home

66' x 132' Lot Near Downtown Whitby. Suitable Lot For Severance. Construct 2 Semis or Detached Homes. Existing Home In Small 2 Bedroom Bungalow Bungalow Built In 1852. Perfect For Someone Looking For Small Comfortable Space With Large Yard. House Requires Updating And More Suitable For Builders. Great Location In Downtown Whitby, Walk To Everything.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,369
Lot Size66 ft x 132 ft
mls© NumberE14102618
Listed ByRE/MAX WEST REALTY INC.

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$2,559
Property tax
$364
Heat allowance
$150
Housing costs
$3,073 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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