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Listed 2 months ago

1373 Hixon Street

1017 - SW Southwest, Oakville

$1,775,000

Detached|1 1/2 Storey
3 | 2 | 6
About this home

One Of The Best Locations In South Oakville, Near Lake & Coronation Park. Large 11614 Sq Ft Lot, Backing Onto Woodhaven Park, New Survey & Drawings Available. Ideal For Custom Home, Town Of Oakville Allows To Build New House On Willow Down Side As Front 100 Ft And Depth 172 Ft. Designs And Drawings Are Available, And Ready To Submit For Permit.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$7,000
Lot Size100 ft x 172 ft
mls© NumberW13432532
Listed ByROYAL LEPAGE CERTIFIED REALTY

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%
$9,085
Property tax
$583
Heat allowance
$150
Housing costs
$9,819 / mo

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

Down payment20% · $355,000
25-yr amortization

Income needed

$302,000

gross annual household income

Payment at 4%
$7,469 / mo
Cash down
$355,000

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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