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1049 Elgin Street

Huron Heights-Leslie Valley, Newmarket

$1,099,000

Detached|Sidesplit
3 | 4 | 6
About this home

Solidly built four-level sidesplit with three living areas and 4 full bathrooms. The property sits on a 65 by 150 foot lot. This home offers approximately 1,894 square feet above grade and 703 square feet of finished space below grade +3 season sunroom perfect for multi-generational home or tri-plex in the making?? The main floor includes a living room with hardwood flooring and a (New)large picture window, a separate dining room also with hardwood floors, and kitchen with ceramic flooring. The upper level contains three bedrooms, including a primary bedroom with a private ensuite, and two additional spacious bedrooms and 2nd large full bath.On the in-between level, there is a family room with built-in cabinetry (potential 3rd kitchen area) as well as a full bath and walk out to large 3 season sunroom. The lower level includes a living room, kitchen, bedroom, and three-piece bathroom. In total, the home offers four bedrooms, four full bathrooms, built-in two-car garage with inside access, plus a driveway with parking for four vehicles, for a total of six parking spaces. The location provides access to nearby amenities including public transit, Costco, restaurants, Grocery Stores, quick access to Hwy 404+++

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleSidesplit
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,760
Lot Size65 ft x 150.08 ft
mls© NumberN12979138
Listed ByROYAL LEPAGE RCR REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,625
Property tax
$480
Heat allowance
$150
Housing costs
$6,255 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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