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Listed 16 days ago

509 Arnhem Drive

O'Neill, Oshawa

$629,900

Detached|Sidesplit 4
3 | 2 | 6
About this home

Welcome to 509 Arnhem! This 4 level sidesplit is a wonderful opportunity for the discerning visionary! Although there is work to be done, this lot and location are wonderful! The home sits on an ultra-wide lot which backs onto a ravine for serine sounds from the raised & covered deck, which is accessible from the kitchen. The ground level has a separate entrance beside the garage, with a walk-out to the pool patio, and access to the basement apartment for your in-law's retreat, or for a tenant. Don't miss this incredibly-priced opportunity!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit 4
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$6,006
Lot Size61 ft x 120.07 ft
mls© NumberE13666570
Listed ByRIGHT AT HOME REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,224
Property tax
$501
Heat allowance
$150
Housing costs
$3,875 / mo

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

Down payment20% · $125,980
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,651 / mo
Cash down
$125,980

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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