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Price Change$599,900

25 Sumac Drive

Haldimand, Haldimand

$549,900

Detached|2-Storey
3 | 3 | 2
About this home

Tremendous value! Welcome to this affordable 3 bedroom 2.5 bathroom home with a functional open concept layout. The main floor includes an eat-in kitchen with island that is open to the family room and access to the fully fenced rear yard. Inside entry to garage and 2pc bathroom round out the remainder of the main level. Upstairs you will find 3 bedrooms and full 4pc bathroom including the primary bedroom that has large closet and full 3 piece ensuite with glass and tile shower. Unfinished basement offers additional space that could be finished or used for plenty of storage. Close proximity to school, parks, and the Grand River walking trail.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$4,541
Lot Size8.2 metres x 28 metres
mls© NumberX14085180
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$2,815
Property tax
$378
Heat allowance
$150
Housing costs
$3,343 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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