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New2 days ago

121 Wells Street

Aurora Village, Aurora

$999,000

Detached|1 1/2 Storey
2 | 1 | 2
About this home

Attention Builders/Renovators! Your next project awaits at 121 Wells Street located in the heart of Aurora Village.Great opportunity to own a property in one of Aurora's most desirable mature neighbourhoods. Situated just a short walk to the Aurora GO station, Town Park, Restaurants, Cafe's and the exciting new Aurora Town Square.This home is ready to be renovated, reimagined, or rebuilt. A perfect project for those looling to add value in a prime walkable location.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,148
Lot Size43.03 ft x 136 ft
mls© NumberN13774074
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$5,113
Property tax
$429
Heat allowance
$150
Housing costs
$5,692 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$175,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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