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Listed 2 months ago

853 Fairbank Avenue

Historic Lakeshore Communities, Georgina

$1,098,000

Detached|1 1/2 Storey
4 | 2 | 12
About this home

EXCEPTIONA LAKEVIEW RESIDENCE IN A PRESTIGIOUS NEIGHBOURHOOH!! Welcome To This Stunning, Fully Renovated Home Offering Breathtaking View Of Lake Simcoe. Designed for both comfort and elegance, this modern residence features hardwood flooring and pot lights throughout. The upper-level family room opens to a private balcony -perfect for enjoying panoramic Lake Views from the comfort of your home. Located in an area known for year-round recreation, residents can enjoy boating, fishing, and ice fishing just minutes away. The beautifully landscaped backyard includes a spacious deck and fence all over , offering privacy and ideal space for outdoor entertaining. Additional highlights include An Oversized Concrete Driveway With Parking For Up To 12 Vehicles And A Brand New High-Efficiency Furnace And Owned Water Heater Tank. This Is A Rare Opportunity To Own A Lakeview Dream Home In One Of The Area's Most Sought-After Communities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,933
Lot Size71 ft x 169 ft
mls© NumberN13243784
Listed ByHOMELIFE NEW WORLD REALTY INC.

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%
$5,620
Property tax
$494
Heat allowance
$150
Housing costs
$6,264 / mo

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

Down payment20% · $219,600
25-yr amortization

Income needed

$193,000

gross annual household income

Payment at 4%
$4,621 / mo
Cash down
$219,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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