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Listed 2 months ago

7 Morgandale Crescent

Orangeville, Orangeville

$784,999

Detached|Bungalow-Raised
3 | 3 | 2
About this home

Welcome To This Well-Maintained Raised Bungalow Located In Orangeville's West End. Offering 3 Bedrooms On The Main Level And 1 Additional Bedroom In The Finished Lower Level, This Home Provides Exceptional Flexibility For Growing Or Multigenerational Families. The Bright And Spacious Layout Offers Abundant Natural Light Throughout, Along With Updated Finishes In The Kitchen And Bathrooms. Step Outside To Enjoy The Large, Private Backyard Featuring A Spacious Deck And Garden Shed. The Lower Level Offers Two Separate Living Areas, Making It Ideal For Extended Family Or In-Law Accommodations. Conveniently Located Close To Schools, Parks, Trails, Recreation Facilities, Shopping, And Major Commuter Routes, This Versatile Home Offers Outstanding Value And Endless Possibilities.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,267
Lot Size50.04 ft x 110.09 ft
mls© NumberW13648056
Listed ByONE PERCENT REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,018
Property tax
$439
Heat allowance
$150
Housing costs
$4,607 / mo

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

Down payment20% · $157,000
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,303 / mo
Cash down
$157,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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