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Listed 24 days ago

455 Simcoe Street

Watford, Warwick

$300,000

Detached|1 1/2 Storey
3 | 1 | 2
About this home

Welcome to the Village of Watford, a wonderful place to call home! Located on a quiet street, this affordable home offers comfort, charm, and practicality. The eat-in kitchen provides easy access to a large side deck, perfect for entertaining. The primary bedroom and laundry room are conveniently located on the main floor, which is ideal for main-level living. The home could be converted back to three bedrooms on the upper floor, allowing for even more functional living space on the main floor. The second-floor storage area would make a great playroom or cozy reading area! Outside, the spacious backyard features a large storage shed, a garden area, and plenty of room for further development. Watford offers a fantastic community lifestyle with an excellent recreation centre, two elementary schools, and reliable high-speed internet for working from home. Plus, you have quick, easy access to the 402 for a straightforward commute to either Sarnia or London. Discover the perfect blend of small-town charm and modern amenities in this well-loved home.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$1,410
Lot Size66 ft x 132 ft
mls© NumberX14093320
Listed ByEXP REALTY

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%
$1,536
Property tax
$118
Heat allowance
$150
Housing costs
$1,803 / mo

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

Down payment20% · $60,000
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$60,000

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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