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Listed 7 days ago

23256 Highway No. 48 Road

Baldwin, Georgina

$1,458,000

Detached|Bungalow-Raised
3 | 5 | 40
About this home

10 Acre property! Commercial/Home Business Use Has Been Confirmed With Town. Lovely 3 + 3 Bedrooms Bungalow Raised house With Two Kitchens, FULLY RENOVATED Basement with Separate Entrance. Plus A 2,200 Square Foot Heated Shop, + Mezzine office with kitchen & washroom. 3 brand new garage Door. Plus Steel Arch Roof covered outdoor storage with concrete slab for Machinery. Have The Luxury Of A Work Commute To Your Own Backyard With Plenty Of Space On The 200 X 900 Ft Lot For Parking Large Vehicles And More. Mature Trees Line The Lot For Privacy. Located Minutes From Hwy 404, Shops And Restaurants. This Is A Must-See, Truly One-Of-A-Kind Property!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$6,753
Lot Size200 ft x 902.99 ft
mls© NumberN14099180
Listed ByREAL ONE 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%
$7,463
Property tax
$563
Heat allowance
$150
Housing costs
$8,175 / mo

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

Down payment20% · $291,600
25-yr amortization

Income needed

$252,000

gross annual household income

Payment at 4%
$6,135 / mo
Cash down
$291,600

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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