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New4 days ago

540 Vine Street

, Cambridge

$639,900

Detached|2-Storey
3 | 2 | 5
About this home

Tons of space in the most adorable neighbourhood! Welcome home to 540 Vine Street in Preston. Before you even step inside, you'll love the curb appeal of this red-brick century home, with its expansive driveway, a maple tree out front, and a covered porch spanning the full width of the home. Inside, you're greeted by the front living and dining rooms, both with upgraded light fixtures, tall period-style baseboards, and vinyl plank flooring. Just steps away, the cozy kitchen boasts two-tone cabinetry. The back of the home is sure to steal your heart: a freshly painted large family room with exposed brick, new recessed lighting, and a gas fireplace, plus yard access through a sliding patio door or the side door. A spacious laundry room and 3pc bathroom with new shower complete the main level. Charming solid wood stairs lead to the second floor, where you'll find three good-sized bedrooms with generous closets and an oversized 3pc bathroom with a clawfoot tub and plenty of storage. The unfinished basement offers room for storage, plus an area ready to be finished as a recreation room. Out back, the fully fenced yard features a paver patio, a detached garage, and oodles of room for kids and pets to play. This nook of Preston offers mature trees, unique homes, pride of ownership, and access to all the major necessities in life. Don't miss your chance to call 540 Vine Street home! Book your private showing today!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$4,567
Lot Size45.08 ft x 154.65 ft
mls© NumberX14114464
Listed ByRE/MAX TWIN CITY 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%
$3,275
Property tax
$381
Heat allowance
$150
Housing costs
$3,806 / mo

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

Down payment20% · $127,980
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,693 / mo
Cash down
$127,980

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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