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Price Change$798,000

42 Parker Drive

, Cambridge

$748,000

Detached|Backsplit 4
3 | 2 | 3
About this home

A fully renovated oversized kitchen sets the tone for this spacious open concept living. When you walk into this 4 level backsplit, you will fall in love with this charming house in a highly sought-after neighbourhood where homes are rarely offered for sale, and the current owner has updated it with "new" improvements/replacements over the past year. The house offers 3 bedrooms, 2 full baths, wood floors, replaced window blinds and a new gas fireplace in the family room. The New Custom Kitchen features all new stainless appliances, beautiful granite counters, and island providing endless counter space plus seating area. A main-level side entrance from the carport allows for easy access from the driveway to the kitchen and living areas. This overall spacious layout also has lower level in-law potential, featuring additional kitchen-style cupboards & counter w/sink, and a Ground-level Walk-out to the newly fenced private backyard, w/new gazebo, fruit trees & gardens and shed. Lower level with laundry facilities, an extra fridge & freezer, and additional storage space or potential. Hot water heater, water softener system, and reverse osmosis water treatment are all new & owned. Close to schools and Churchill Park with shopping and restaurants. Escape the busyness of life and enjoy this amazing opportunity in a quiet neighbourhood. Just move right in!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$4,370
Lot Size40.03 ft x 102.61 ft
mls© NumberX13788770
Listed ByREAL BROKER ONTARIO 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%
$3,829
Property tax
$364
Heat allowance
$150
Housing costs
$4,343 / mo

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

Down payment20% · $149,600
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,148 / mo
Cash down
$149,600

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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