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Price Change$620,000

3251 Ravenshoe Road

Rural East Gwillimbury, East Gwillimbury

$579,990

Detached|Bungalow
3 | 2 | 3
About this home

Bright and Spacious 3 Bedroom Home with a huge backyard space. Under renovation and perfect for a young family or a couple downsizing. Quiet and peaceful Area. Extremely convenient: 10 mins away from boat lunch into Lake Simcoe, 10 mins away from beach, 10 mins away from highway. Excellent area for Fishing enthusiasts.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,624
Lot Size80 ft x 90 ft
mls© NumberN13780556
Listed ByROYAL LEPAGE TERREQUITY REALTY

Listing History

  • No recent sale history for this listing.
  • 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%
$2,969
Property tax
$135
Heat allowance
$150
Housing costs
$3,254 / mo

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

Down payment20% · $115,998
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$115,998

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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