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Listed 2 months ago

16 Paris Road

, Brantford

$559,900

Detached|Bungalow-Raised
3 | 2 | 5
About this home

16 Paris Road, located in Brantford's Henderson neighbourhood, is an excellent example of a brick raised bungalow with an attached oversized single car garage situated on a larger than average lot (approx 50' x 200') that has been well cared for mechanically over the years. For some, this home could be considered move in ready - for others, it represents an opportunity to update the interior fit and finish in your own vision. The mature, sought after neighbourhood features renowned schools, close proximity to highways, within walking distance to shopping, restaurants, hospital & medical care - the list goes on! The main floor, features an eat in kitchen, formal dining room, living room, 3 bedrooms and a 4 piece bath - downstairs you are met by a large second kitchen, rec room, large laundry, an abundance of storage space throughout as well as a 3 piece bath. **Interboard listing: Brantford Regional Real Estate Association**

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,763
Lot Size52.12 ft x 194.81 ft
mls© NumberX13527640
Listed ByColdwell Banker Homefront Realty, Brokerage

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%
$2,866
Property tax
$397
Heat allowance
$150
Housing costs
$3,413 / mo

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

Down payment20% · $111,980
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,356 / mo
Cash down
$111,980

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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