154 Simmons Street
Elder Mills, Vaughan
$3,499,900
Development land of 1.3 acre approximately in the prime location on the corner area of HWY27 & Rutherford Rd. Lots of option available. Townhomes, Single detached state home, medical building, office building. Bring your investors to fulfill their creative ideas on this land full of opportunities'. Detached home, on the prime location . You can enjoy your summer and winter on this beautiful 1.3 acer land. Your client will not be disappointed. This property is attached right next to the new development subdivision of townhomes. **EXTRAS** All Appliances Currently in Use
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,451 |
| Lot Size | 165 ft x 0 ft |
| mls© Number | N13781574 |
| Listed By | CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $17,914
- Property tax
- $288
- Heat allowance
- $150
- Housing costs
- $18,352 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$565,000
gross annual household income
- Payment at 4%
- $14,728 / mo
- Cash down
- $699,980
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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