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Keswick South, Georgina
$1,150,000
**SELLING FOR LAND VALUE ONLY - FOR RE-DEVELOPMENT FOR BUSINESS USE According To New Zoning (see Offer Remarks).** In rapidly growing Town of Keswick. Existing 3 Bedrm House As Is, Where Is. Unused Pool As Is, Where Is. Presently Tenanted. 75 X 200 Ft Lot As Per Geowarehouse. Lots Of Exposure For Business. Located In Heart Of Town, Keswick Business Park, Across From Wal-Mart Shopping Centre, restaurants, All Major Banks, and walking distance to New state-of-the-art Multi-Use Recreational Centre (see gallery). Close Access To Hwy #404. Surrounded By New Residential And Commercial Development. ~~~Town offers Rebates for Development Applications: https://www.georgina.ca/doing-business/economic-development/development-application-fee-rebate-program
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,473 |
| Lot Size | 75 ft x 200 ft |
| mls© Number | N13486996 |
| Listed By | RCL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,886
- Property tax
- $289
- Heat allowance
- $150
- Housing costs
- $6,326 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$195,000
gross annual household income
- Payment at 4%
- $4,839 / mo
- Cash down
- $230,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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