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New11 hours ago

1 Gram Street

Maple, Vaughan

$2,279,000

Detached|Bungalow
3 | 2 | 8
About this home

Redevelopment Potential with this corner anchor property, 100 feet on Major Mackenzie X 165 feet deep, new traffic lights, Zoned MMS (Main Street Mixed-Use Maple), see attached uses including RM1 (Multiple Use Residential), RT1 and RT2 (Townhouse Residential), key quiet Gram Street entry potential, close to established retail, low rise condo and Townhome developments. Existing property in good condition, separate entrance to finished lower level apartment, freshly painted.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,391
Lot Size165.33 ft x 100.84 ft
mls© NumberN14081108
Listed ByRE/MAX PREMIER INC.

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%
$11,665
Property tax
$533
Heat allowance
$150
Housing costs
$12,348 / mo

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

Down payment20% · $455,800
25-yr amortization

Income needed

$380,000

gross annual household income

Payment at 4%
$9,590 / mo
Cash down
$455,800

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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