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Listed 4 months ago

56 TECUMSETH PINES Drive

Rural New Tecumseth, New Tecumseth

$439,900

Detached|Bungalow
2 | 2 | 3
About this home

Welcome to Tecumseth Pines - A premier residential retirement community with a stunning landscape and friendly atmosphere! Lot 56 features a 2 bedroom bungalow in a premium location backing onto the pond. The open concept main floor features a bright living room, dining room & kitchen. You are sure to enjoy the sunroom with walkout to rear patio overlooking the pond and wonderful landscape. There is a main floor master bedroom with 4 piece ensuite and a second bedroom with semi ensuite privilege to the 2 piece powder room. This home has a full basement that offers a rec. room, 2 piece bath, laundry room and ample storage! Paved driveway and attached 1 car garage. Central air & Natural gas furnace are new within the last 5 years. You're sure to enjoy this residential Adult lifestyle community with a stunning landscape and friendly atmosphere! There are several amenities to enjoy including Community Centre, Indoor Swimming Pool, Tennis/Pickle ball Courts, Bocci Courts, Shuffleboard Courts, Library (music and television room), Exercise Room, Workshop, Billiards Room, Multipurpose Room, Bowling & Darts. New land lease fee - $1050/mo plus est.taxes of 194.43/mo; water use billed quarterly. Come take a look around!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$2,408
Lot Size0 ft x 0 ft
mls© NumberN13516582
Listed ByCentury 21 B.J. Roth 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%
$2,252
Property tax
$201
Heat allowance
$150
Housing costs
$2,602 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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