New1 day ago
5841 King Road
Nobleton, King
$1,199,000
Detached|Sidesplit 4
3 | 2 | 8
About this home
Attention Investors, Builders and Developers! Great opportunity to buy a prime property in fast growing town of Nobleton! This (111 ft X 165 ft) lot is in a great location in the heart of town close to all amenities and commercial uses! King road offers great exposure for home based business or future development!
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| Type | Detached |
| Style | Sidesplit 4 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,745 |
| Lot Size | 111 ft x 165 ft |
| mls© Number | N13774622 |
| Listed By | RE/MAX WEST SIGNATURE REALTY INC. |
Listing History
- No recent sale history for this listing.
- 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%
- $6,137
- Property tax
- $645
- Heat allowance
- $150
- Housing costs
- $6,932 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $239,800
25-yr amortization
Income needed
$213,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
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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