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Listed 2 months ago

45 Olivetree Road

, Brantford

$759,900

Detached|Bungalow
2 | 3 | 4
About this home

Welcome to 45 Olivetree Road! This well maintained, spacious bungalow is one of the larger models in the neighbourhood, boasting over 1,500 sq. ft. of bright, open living space on the main floor alone. The thoughtful layout features an elegant formal dining room and sitting room, leading into a generous kitchen that overlooks the family room and is complete with a gas fireplace.Step through the French doors featuring convenient built-in blinds to your own private backyard oasis, featuring a large deck and a beautiful, 3-year-old above-ground pool the whole family will love.The main floor also hosts a spacious primary bedroom with dual closets and a private 3-piece ensuite, a second bedroom, a full main bathroom, and a convenient main-floor laundry room with direct access to the 2-car garage. Downstairs, the fully finished basement massively expands your living space with a large third bedroom, a dedicated workout room or 4th bedroom, a pool table sized rec room room, the third bathroom with room for a future shower/tub, a rough-in for a future bar area and a second bonus family or movie room that could be a 5th bedroom!Unbeatable location: Walk to schools, parks, and local employment opportunities, with quick, convenient access to Hwy 403 for easy commuting.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,790
Lot Size51.61 ft x 117 ft
mls© NumberX13600264
Listed ByReal Broker Ontario Ltd., 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%
$3,890
Property tax
$483
Heat allowance
$150
Housing costs
$4,522 / mo

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

Down payment20% · $151,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$151,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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