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New2 days ago

85 Nelson Street

Woburn, Toronto

$699,000

Detached|Sidesplit 3
3 | 2 | 3
About this home

Location! Location! ! Location!!! As is where is! Attention renovators and builders .Great Family Oriented Neighbourhood . This demand location close to Public And Catholic Schools, parks and transportation, is a family neighbourhood. This home features a solid brick bungalow with 3 bedrooms, 2 bath, private drive and Walk Out To Rear Yard.Home requires attention. Home is priced ideally for first time home buyers, downsizer, investor and contractors to built a dream home. Do not miss it.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleSidesplit 3
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,950
Lot Size45.05 ft x 112.06 ft
mls© NumberE14136600
Listed ByHOMELIFE/FUTURE REALTY INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,578
Property tax
$329
Heat allowance
$150
Housing costs
$4,057 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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