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200 WILLIAM Street

1013 - OO Old Oakville, Oakville

$3,250,000

Detached|2 1/2 Storey
5 | 3 | 3
About this home

Well positioned property in historic Old Oakville, south of Lakeshore, just steps to the beach, Oakville harbour and Town Square. Sitting proudly up on a rise, this 2 1/2 storey home features wonderful views, light and plenty of space to create your dream home. With lot dimensions of 105' x 105' this full-sized 11,044 SF lot is exactly twice the size of adjacent properties. Savvy buyers may investigate opportunities to sever the lot or explore the creation of an accessory dwelling unit on the property. Zoning RL3, Special Provision 11. The existing home sits entirely on one half of the property in the northeast corner leaving the south and the west portions of the lot open to potential. The existing residence features high ceilings, a grand staircase, formal living room with wood burning fireplace and adjacent sunroom. Lovely southeast dining room takes in all the sunlight. The kitchen and back entrance are in the southwest corner of the main floor. The second floor features 4 bedrooms and one main bathroom. The third floor with two large rooms used as the Primary suite features wonderful views over the garden, the lake, church tower and the beautiful trees of Old Oakville.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$13,242
Lot Size104.33 ft x 104.33 ft
mls© NumberW10403987
Listed ByRoyal LePage Real Estate Services Ltd., Brokerage

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%
$16,635
Property tax
$1,104
Heat allowance
$150
Housing costs
$17,888 / mo

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

Down payment20% · $650,000
25-yr amortization

Income needed

$550,000

gross annual household income

Payment at 4%
$13,677 / mo
Cash down
$650,000

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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