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Listed 3 months ago

251 Third Line

1017 - SW Southwest, Oakville

$1,499,000

Detached|Backsplit 4
4 | 2 | 5
About this home

Stunning 81X140' In South West Oakville to build your dream home. Oversized Private Tree Lined Backyard With In Ground Pool Provides Tonnes Of Natural Privacy. Interior has been recently updated with new flooring and paint throughout. According To The Town This Property Is Zoned Rl2-0, The Lot Area Is 1057M2 Which Permits A Maximum Rfa Ratio Of 37% Of The Lot Area. 4209 Sq Ft Above Grade Plus Up To 484 Sq Ft For A Garage Can Be Permitted. Just A Short Walk To The Lake And Steps From South Oakville Centre With Metro, Winners, LCBO and all Amenities. Very Bright With Tonnes Of Natural Light. Walking Distance To Multiple Great Schools And Easy Access To QEW.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,510
Lot Size81 ft x 140 ft
mls© NumberW13170698
Listed ByROYAL LEPAGE SIGNATURE REALTY

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%
$7,673
Property tax
$543
Heat allowance
$150
Housing costs
$8,365 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$257,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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