47 Nelson Street
1001 - BR Bronte, Oakville
$3,450,000
Attention Investors & Developers! Zoning approved for four luxury townhome units (RM1) with a total buildable gross floor area of 14,736 sq. ft. on a 0.24-acre lot (building permits not included). Features both surface and underground parking. Renderings available for review. Located in a prestigious and tranquil enclave in West Oakville, just south of Lakeshore. Steps from Bronte Heritage Waterfront Park, Bronte Boathouse, and Marina! An upgraded, move-in-ready home is currently on-site, perfect for living or renting. **EXTRAS** Includes stainless steel appliances: fridge, stove, built-in dishwasher; front-loading washer and dryer; light fixtures; window coverings; garage door opener; gazebo; garden shed; and greenhouse.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,462 |
| Lot Size | 92.94 ft x 110 ft |
| mls© Number | W12778182 |
| Listed By | SUTTON GROUP REALTY SYSTEMS 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%
- $17,659
- Property tax
- $622
- Heat allowance
- $150
- Housing costs
- $18,430 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$567,000
gross annual household income
- Payment at 4%
- $14,518 / mo
- Cash down
- $690,000
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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